What are the most well-known causes of imbalances in the balance of payments (BOP) of a...
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What are the most well-known causes of imbalances in the balance of payments (BOP) of a country? (9) Explain how structural unemployment should be addressed in South Africa and/or Namibia. (6) The monetarists emphasise the inherent stability of the country in the long run. They also further acknowledge that monetary and fiscal policy could have an impact on the short run. In the long run, no large-scale government involvement is necessary since the economy is self-stabilising. Explain this statement which is based on six (6) classical roots and indicate which of them apply to the monetarist approach. (6) What are the most well-known causes of imbalances in the balance of payments (BOP) of a country? (9) Explain how structural unemployment should be addressed in South Africa and/or Namibia. (6) The monetarists emphasise the inherent stability of the country in the long run. They also further acknowledge that monetary and fiscal policy could have an impact on the short run. In the long run, no large-scale government involvement is necessary since the economy is self-stabilising. Explain this statement which is based on six (6) classical roots and indicate which of them apply to the monetarist approach. (6)
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1 The most wellknown causes of imbalances in the balance of payments BOP of a country include trade deficits capital outflows exchange rate fluctuatio... View the full answer
Related Book For
International marketing
ISBN: 978-0077446956
15th Edition
Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham
Posted Date:
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