Consider the Economist article: "Wild Horses" April 20th 2011 (https://www.economist.com/the-americas/2011/04/20/wild-horses) and other sources to comprehensively answer the following question. a) According to the theory of the International Trilemma, widely followed by the IMF up until recently, the Brazilian economy should NOT have been facing those challenges in 2011. Why? What does the theory imply? b) Why was the international Trilemma wrong?

The economy of a hypothetical country has been stable for two or three years with very low unemployment. Wages have been gradually increasing during this time. Now an aggressive policy of increasing tariffs on foreign goods imported into the country results retaliatory actions from the other countries against the country’s products and services. This causes great loss of business in the country and results in significant portion of workers losing their jobs. Given this scenario, insert your answers below each of the following questions. What kind of economic gap will start to occur (inflationary or recessionary)?  Which of these graphs, Figure 1 or Figure 2, depicts this economic gap? Figure 1: Graph of the economy showing demand shifted to the right.   Figure 2: Graph of the economy showing demand shifted to the left.  What part of the Federal Reserve’s congressional mandate does this scenario trigger (price stability and maximum sustainable employment)?  What kind of monetary…

After reading Dani Rodrick’s article, “Why Does Globalization Fuel Populism?” First, explain how Rodrick defines populism. Second, explain why populism (as he has defined it) struggles in understanding economics and how it creates poor policies.

What do the terms internal balance and external balance mean in open-economy macroeconomics?

What does it mean by "aggregate demand and aggregate supply" when pertaining to macroeconomic policy in an open economy?

What role do you think international trade and foreign investment can play in solving some of the problems identified in the big push model?

Help with a few subparts would be great!

Economists are of the view that the Mundell-Fleming Model is quite useful for explaining economic fluctuations in small open economies. Critically assess this statement.

How does globalization influence Canada's jobs and wages, its income inequality, and its culture, sovereignty, and physical environment? (Long Answer)

On January 1st, 2022 every economics major at NYU had to choose one of the following two options: (a) take $10 today, (b) forgo $10 today, and get $15 on December 31st, 2022. Suppose John Doe, chose option (a), and picked up $10 on January 1st. Use this information to solve for John’s minimum discount rate. (Recall, r is the discount rate and (1 + r) is the discount factor.)    Given the information above, what do we know about the discount rate of Jane Doe if she chose option (b)?