Question
Using the DD-AA model, analyze the output and balance of payments effects of an import tar- iff under fixed exchange rates. What would happen if
Using the DD-AA model, analyze the output and balance of payments effects of an import tar- iff under fixed exchange rates. What would happen if all countries in the world simultaneously tried to improve employment and the balance of payments by imposing tariffs?
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
