https://www.livemint.com/market/stock-market-news/indian-markets-will-be-biggest-winner-irrespective-of-whoever-wins-us-elections-11600649566519.html

l. Read the fdlOwing extract Of the article Indian markets will be biggest winner irrespective Of whoever wins US that appeared in livemint.COm on September 21, 2020 and answer the questions below it: Link: httosflwww-livemint.com/marketjstack-martet-news.findian-markets-will-be-biggest- In Case Of a Democrat sweep. India would benefit front potentially more favorable U.S. trade policies, while a Trump vict00' or divided Congress with Biden would also be a win for India on easy Fed policy, according to Niall MacLeod, a strategist with UBS. Indonesia and India have high yield spreads over US. Treasuries and could experience more capital inflow if U.S. rates remain lower fw longer and global investors hunt for higher-yielding assets, he wrote in a note dated Sept. 17. (i) What do you understand by an easy Fed policy? What impact is it likely to have on the Indian and the Indonesian economy? Why , words) Following the first question, what will be the further impact ci the policy on the balance of payments. the exchange rate and the inflation of the Wo economies? Explain in detail by establishing the linkages. words)