Business, 11.12.2019 19:31 brylove5490

Policy makers around the world often face an "open-economy policy trilemma": 1. they want to fix the nominal exchange rate to promote international trade; 2. they want capital mobility to achieve gains from international borrowing and lending; 3. they want to engage in active monetary policy to stabilize domestic output. (a) using the concepts you have learned in class, explain why this is a trilemma, i. e. why only two of the three objectives can be achieved at any point in time. (b) how does your answer in part (a) us think about why both the gold standard and the bretton woods system eventually failed?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:10, allisonhall0925

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Answers: 2

continue

Business, 22.06.2019 06:00, milak23

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

Answers: 1

continue

Business, 22.06.2019 07:10, firdausmohammed80

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Answers: 1

continue

Business, 22.06.2019 13:40, ilovecatsomuchlolol

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.

Answers: 3

continue

You know the right answer?

Policy makers around the world often face an "open-economy policy trilemma": 1. they want to fix th...