Q3: Capital Control in a Small-Open Economy In this question, we study the impact of capital control policies. Consider a two-period endowment economy that is small and open. Households have identical preferences given by: U=J71+\\/52 01 and 02 are the consumption of households in periods 1 and 2', ,8 denotes the discount factor. Households have initial net foreign asset position 0 [Bo : U). Endowment in each period is denoted by Q1 and Q2, where Q1