The immediate response to the economic crisis of the 1970’s by many developed economy nations was to a.introduce welfare systems to reduce the impact on households. b.deregulate key markets. c.boost government spending to try and avoid unemployment. d.move to a floating exchange rate to help adjustment

Q: In a monetary union, individual countries cannot do which of the following: Select one: a. Set…

A: Monetary union:-  A monetary union is a pact among different nations to form a monetary union zone.…

Q: IMF

A: The IMF rarely makes its decisions on the basis of formal voting, but relies on the formation of…

Q: Between the  IMF and the WB, which of the two is mindful of the consequences of its policies to…

A: The International Monetary Fund (IMF) is a global organisation that promotes global economic growth…

Q: Explain three main reasons Caribbean Islands seek assistance from the International Monetary Fund.

A: Explanation of three main reasons Caribbean Islands seek assistance from the International Monetary…

Q: Is globalization and open economy is still the best way for USA economy?

A: Globalization and an open economy are still the greatest strategies to grow the economy in the…

Q: Has Egypt received any funds from the World Bank and/or the International Monetary Fund? If yes,…

A: Funds are amounts of money which are available in order to be spent, especially money which is being…

Q: a. Identify a country that could be considered as having the most closed economy.  b. Discuss…

A: Answer: Given that:     a) Identify a country that could be considered as having the most closed…

Q: Canada is an emerging market economy. True False

A: Emerging Market Economies are such economy that are on their path of development. Such economies are…

Q: Why is per-capita income NOT always the best indicator of an emerging market's potential? What does…

A: Managers frequently examine aggregate country data, like GNI or per-capita GDP, represented in terms…

Q: 1. The World Bank and the IMF are twin intergovernmental pillars supporting the structure of the…

A: The World Bank and the International Monetary Fund (IMF) are two international organizations that…

Q: A problem with the operation of the gold standard in the world economy was that   a. it involved too…

A: Under the gold standard, the value of the domestic currency is directly linked to gold. Based on the…

Q: Discuss the circular flow diagram of an open economy. Apply the circular flow diagram to a country…

A: The circular flow diagram is a visual illustration of the flow of products, services, and money…

Q: If balance of trade is positive, Xn Is a positive number. The impact of Xn is A. GDP will become…

A: A country that has a positive trade balance is considered to be a net exporter, meaning that it…

Q: Capital market comprises of

A: Capital market consists of majorly two kinds of markets.

Q: What are the reasons why countries choose to go for economic integrations or continue with a closed…

A: Economic integration is a game plan among countries that commonly incorporates the decrease or end…

Q: Part 1 - What kinds of specific actions has the IMF taken in order to address economic or financial…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Ultimately, the study of international business is no different from the study of domestic business.…

A: When talking about international business, it can be seen that it is studied in economics as a…

Q: According to the new assumption, globalization has made it more difficult to buy and sell goods in…

A: Through trade and technology, globalisation has brought the world closer together. It is defined as…

Q: Which of the following is correct? Exchange-rate-based measures of income per capita are identical…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 1 True/false questions Give a one sentence justification. 1. Adjusting for purchasing power parity…

A: The objective of the question is to determine which country, India or Brazil, has a higher price…

Q: Generate a scheme on the effectiveness of regionalization to globalization.

A: Regionalism is considered to be a process that is more multidimensional and comprehensive that tends…

Q: Show the effects of an increase in the world interest rate on the market for loanable funds and the…

A: The market of loanable funds is base in the concept that the market interest rate is determined by…

Q: The IMF has a goal of promoting global economic growth and financial stability, encourage…

A: The International Monetary Fund is the full of IMF.   Its aims to promoting global economic growth…

Q: The G20 was originally established to preserve peace through international cooperation and…

A: The G20, or the Group of Twenty, is an international forum consisting of 19 individual countries and…

Q: Discuss the major components of monetary and fiscal policy. Why are they generally ineffective in…

A: The central bank's actions to regulate the money supply are referred to as monetary policy. To…

Q: 1 True/false questions Give a one sentence justification. 1. Adjusting for purchasing power parity…

A: The objective of the question is to determine the truthfulness of the given statements and provide a…

Q: When a group of countries form a Common Currency (such as the Euro), which of the following is NOT…

A: Common currency like Euro has its own advantages and disadvantages. There are a large number of…

Q: Just a couple of years after the economic crisis, Spain managed to reduce their trade deficit, was…

A: Spain applied a policy of depreciating the value of its currency, this makes the prices of goods…

Q: The World Bank was originally the International Bank of Reconstruction and Development that was…

A: The World Bank is the international authority that provide financial facilities to the countries…

Q: What is the 'revolving door' of aid and capital flight? How do Ndikumana & Boyce claim that Africa…

A: The revolving door is the concern with job switching from public to private or private to public and…

Q: a. Identify a country that could be considered the most closed economy. b. Discuss THREE benefits…

A: Closed economy can be defined as the economy which do not participate in international exchange of…

Q: Which government policy measure would be most likely to reduce a current account deficit and…

A: A current account deficit occurs when a country's export is lower than a country's import.

Q: Discuss THREE possible impacts that borrowing from China could have on a Trinidad and Tobago

A: China is the largest trading partner in the region of the Caribbean. The goal of China to loan to…

Q: IMF

A: International Monetary Fund (IMF) is one of the biggest agencies and has the authority to guide the…

Q: What are the relevance of the state amid globalizations.

A: Globalization also fosters a sense of interdependence, which càn lead to power inequalities between…

Q: Aid/help in globalization

A: Globalization has always had two faces in terms of development. For proponents of globalisation, it…

Q: Differentiate between the economy of Philippines and kenya. Mention the key points and explain.

A: The system or network of products and services production, distribution, and consumption in a given…

Q: ing terms:  Foreign aid and reparations.

A: Countries provide support to each other in time  of crisis through different means of financial…

Q: Why do you think labor standards and working conditions are lower in the low-income countries of the…

A: As per the World Bank, a low-income economy has a GDP per capita which is less than or equal to…

Q: What are three main reasons why some Caribbean islands seek assistance from International Monetary…

A: The International Monetary Fund or the IMF is the one of the important international organization…

Q: True or False: it is more accurate to use the purchasing-power-parity method than it is to use the…

A: Purchasing power parity (PPP) hypothesis is a method that business analysts use to think about the…

Q: 1 True/false questions Give a one sentence justification. 1. Adjusting for purchasing power parity…

A: The objective of the question is to determine the truthfulness of the given statements and provide a…

Q: Do you agree that the IMF hurts developing countries?

A: It has been observed in the past and following many debates have come up with the issue of how IMF…

Q: Hello, could you please write me something about EURO integration within EUROPEAN UNION? Something…

A: The Euro, introduced in 1999 and circulated in physical form in 2002, is the official currency of 19…

Q: How does the standard of living differ in a first-world country compared to a third-world country?

A: First-world countries are referred to as developed and democratic countries. Sound financial…