INTERNATIONAL ECONOMICS Flashcards
1
Q
Balance of payment surplus
A
2
Q
Balance of payment deficit
A
3
Q
Government budget surplus
A
4
Q
Government budget deficit
A
5
Q
Permanent restrictive monetary policy
A
6
Q
Interest parity condition
A
7
Q
Production distortion loss
A
8
Q
Relative PPP theory
A
9
Q
decreasing of government transfers
A
10
Q
Increase in P* = effects on short-run flexible and fixed
A
11
Q
Increase in P
A
12
Q
flexible vs fixed exchange rate (def)
A
13
Q
In the long-run, increase of MS = ? currency and P
A
14
Q
Exchange rate overshooting
A
15
Q
DD schedule (short-run and flexible) = flexible and fixed
A