a. Discuss the genesis of the 2008-2009 global financial crisis and Explain what led to the fall of the international payment system in the late 1960s citing the evolution of the Bretton Wood institutions, offer the possible remedial reforms for the future of this payment system. b. Write short notes on the following: Trade creation and trade diversion, Distinguish between quota and tariffs, Free Trade Arrangement (PTA) and Economic Union

a. Discuss the genesis of the 2008-2009 global financial crisis and Explain what led to the fall of the international payment system in the late 1960s citing the evolution of the Bretton Wood institutions, offer the possible remedial reforms for the future of this payment system. b. Write short notes on the following: Trade creation and trade diversion, Distinguish between quota and tariffs, Free Trade Arrangement (PTA) and Economic Union

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter29: International Finance

Section: Chapter Questions

Problem 1P

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