Solved Questions

Here is a tip: In a globalized economy,international relations are very complex.The nature of such relations between countries vary from conflict to coordination. Explanation Several obstacles hinder successful policy coordination. (View full solution)

Here is a tip: Internal balance happens in an economy when unemployment and inflation is negligible. External balance happens when current and capital accounts deficit of the economy are zero. (View full solution)

Here is a tip: Expansionary monetary policy results in an increase in money supply by the central bank whereas expansionary fiscal policy policy results in an increased government spending. Explanation (View full solution)

Here is a tip: The international economic policy has several instruments which are pursued by countries time and again to attain particular goals. Explanation Expenditure changing and expenditure switching policies (View full solution)

Here is a tip: Governments can switch or change expenditure using fiscal and monetary policies. Explanation The international economic policy have several instruments which are pursued by countries time and (View full solution)