. In order to stop the capital flight and avoid further depreciation of rupiah, one of the President Candidate suggests that government should start increasing the government budget surplus. Evaluate the suggestion using relevant diagrams

13. After Latin American independence, its economy OA. became self-sufficient and isolated. B. underwent a period of fast industrialization. OC. became a major exporter of manufactured goods. D. remained similar to what it was during the colonial period.  Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

Solve All questions are compulsory you will not solve all questions then down thaambe 1. One of the benefits of economic integration is: Select one:   a. Prices increase.   b. International Trade increases.   c. Firms are forced to merge.   d. Monopolies become stronger.   e. All of the above.     2. A current account deficit... Select one:   a.... is always a problem.   b.... can be associated to a Government Budget Deficit.   c.... is due to high national savings.   d.... is never present in developing countries.   e.None of the above.     3. Which of the following statements is true? Select one:   a. A Free Trade Area implies that countries adopt the same currency.   b. A Free Trade Area implies that countries adopt a common external tariff.   c. A Free Trade Area implies that countries form a single market.   d. A Free Trade Area implies free mobility of labor and capital among the member countries.   e. None of the above.     4. Import quotas are: Select one:   a. limitations on…

1. Explain the mechanisms that incorporated Ottoman Empire into the World Economy as a semi-peripheral economy in the 19th century. Discuss the consequences of Turkish economic dependence on European powers in World War and 1920s. 2. What are the effects of great events like First World War, Great Depression, and Second World War on shaping of economic policies of Turkish government in 1930s and 1940s? How did the role of the state transform in this period? What are the results of this transformation? 3. Why and how did Turkey adopt an outward oriented and agriculture focused economic policy in 1950s? What were the limits of this policy in Bretton Woods Era of world economy? Answer by explaining effects of external and domestic factors.

The Big Mac Index! We discussed the concept of Purchasing Power Parity (PPP) in class. This used the prices of representative bundles of goods to convert GDP and GDP per capita values from local currencies to dollars. The Economist magazine began the practice of using the prices of Big Mac's to make the conversion. You are going to do this now! Here is some evidence from the year 2007 (US GDP reported in trillions of US dollars. China GDP reported in trillions of Chinese Yuan.): GDP Big Mac Price US 14.5 $4.07 China 20 14.70 CNY (a) Suppose China used all its GDP to buy Big Macs (in China). How many big macs could they purchase (report your answer in trillions of big macs)? Round your final answer to one decimal place. (b) Using your answer from Part (a), compute the US dollar value of these big macs in the U.S.