INTERNATIONAL ECONOMICS Flashcards

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1
Q

Balance of payment surplus

A
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2
Q

Balance of payment deficit

A
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3
Q

Government budget surplus

A
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4
Q

Government budget deficit

A
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5
Q

Permanent restrictive monetary policy

A
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6
Q

Interest parity condition

A
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7
Q

Production distortion loss

A
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8
Q

Relative PPP theory

A
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9
Q

decreasing of government transfers

A
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10
Q

Increase in P* = effects on short-run flexible and fixed

A
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11
Q

Increase in P

A
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12
Q

flexible vs fixed exchange rate (def)

A
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13
Q

In the long-run, increase of MS = ? currency and P

A
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14
Q

Exchange rate overshooting

A
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15
Q

DD schedule (short-run and flexible) = flexible and fixed

A
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16
Q

AA schedule

A
17
Q

Effect of a tariff on the prices and demand in Home and Foreign

A
18
Q

Effect of an export subsidy on the prices and demand = in Home and Foreign

A
19
Q

Aggregate real money demand= impact if increase in interest rates, national income and P

A
20
Q

Aggregate money demand equation

A
21
Q

Increase in real exch rate = impact on CA and EXP?

A
22
Q

Fisher effect

A
23
Q

Fiscal policies (short-run / fixed )

A
24
Q

Fundamental macro identity

A
25
Q

expansionary monetary policy= MS and R

A
26
Q

short run / long run

A