What was the role of the 1980s Third World debt crises in setting the stage for the “commodity crisis” of the 1980s and 1990s?

Q: What are five ways in which Zambia can improve unfavourable balance of Trade

A: The objective of the question is to identify five strategies that Zambia can implement to improve…

Q: "Analyze the impact of a significant increase in international oil prices on a country's…

A: Inflation is an economic concept that refers to the rate at which the general level of prices for…

Q: Describe the international monetary systems implemented under the Bretton Woods, Smithsonian, and…

A: The International financial systems discuss with the operative systems of the monetary surroundings…

Q: if Eurozone member nations try to fix this by monetary and fiscal policies, what would be some…

A: Recession is a temporary period of economic decline which leads to a fall in GDP for two successive…

Q: how does open market operations reduce the rate of inflation

A: Open market operation(OMO) refers to the purchase and sale of government securities by the central…

Q: Which lessons did the UK economy take from the Beatles effect on the current account in the 1960s?

A: Let it be Of course, this would be number 1. Some people assume there’s a religious element to the…

Q: Give an example in the recent past when the Central Bank intervene in the foreign exchange market in…

A: Answer: Foreign exchange intervention is one of the main functions of any central bank, in this…

Q: If an economy has a widening trade deficit, which of the following monetary policy option will…

A: A trade deficit happens when there is a negative net sum or negative equilibrium in a worldwide…

Q: What was the role of the 1980s Third World debt crises in setting the stage for the “commodity…

A: The objective of the question is to understand the connection between the Third World debt crisis of…

Q: Discuss why poor economies has failed to gain from financial globalisation.

A: The term "financial globalization" refers to a broad notion that describes growing cross-border…

Q: Causes of the financial crisis and the need of monetary cooperation.

A: If one or even more financial institutions or entities stop operating or operate inadequately, a…

Q: How does devaluation (lowering the exchange rate) help cure current account deficit in the economy?

A: Devaluation refers to the situation where domestic country reduces the value of its currency against…

Q: What are the three components of the Balance of Payments? Explain the relationship between the…

A: The balance of payment (BOP) demonstrates the record of all financial proceedings over a period of…

Q: Discuss why price levels are on average lower in emerging markets than in industrialised economies.

A: The nations around the globe are involved in various economic, and financial activities. The…

Q: Can the 1997 Asian crisis happen again? Why or why not?

A: The Asian monetary emergency of 1997 was a horrible separation for monetary business sectors that I…

Q: Discuss the future of the international monetary system.

A: International monetary policy refers to the actions and strategies implemented by central banks and…

Q: Has the globalisation of international trade and banking always been beneficial for the economies of…

A: The globalisation refers to the free flow of goods and services, capital and human resources across…

Q: In 250 - 300 words, evaluate the role of the international monetary system in promoting…

A: The international monetary systems are the bodies that act at international level to set the…

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: In 2001, 2002, and 2003, Congress passed the series of tax cuts that President Bush had requested.…

A: The increased consumer spending due to the tax cuts leads the country towards a larger trade…

Q: Explain what a debt crisis is and how it can trigger a balance of payments crisis

A: Debt Crisis is a state in which a country is not able to return the government debt. When the…

Q: What events can ignite a currency crisis?

A: The currency crisis refers to the situation of the foreign market where there is an unexpected or…

Q: Countries in Caucasus and Central Asia are no longer dependent on the Russian economy anymore after…

A: Central Asia experienced two huge social changes in the 20th century: first the execution of a…

Q: A country has been experiencing a persistent deficit in its current account balance due to high…

A: The balance of payments is a record of a country's economic transactions with the rest of the world.…

Q: What are two ways in which monetary policies and tight budgets allow a fixed exchange rate system to…

A: the AA-DD model to portray the impacts of financial, monetary, and exchange rate policy under an…

Q: How is it necessary for a nation with a fixed exchange rate and open financial markets to renounce…

A: The rate about which one currency will be swapped for another is known as the exchange rate. The…

Q: Do you think the standard IMF policy prescription of tight monetary policy and reduced governmen…

A: Here we discuss how might the IMF  change its proposal  and what would the implications be for…