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Explain why converging economies may resent a strong argument for limiting flows of capital but not for limiting trade
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- Does a trade surplus help to guarantee strong economic growth?Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Explain why such a statement is economically impossible.Mention another case of an economy as an example of capital flight.Discuss the causes and consequences in that economy,and suggest some policy can help such economies to recover from capital flight phenomena
- Mention another case of an economy as an example of capital flight. Discuss the causes and consequences in that economy, and suggest some policy can help such economies to recover from capital flight phenomena.What is the definition of Capital Flight? What are the causes of Capital Flight? How to recovery from Capital Flight? Summarize the Venezuela economy and oil dependency as an example of Capital Flight. Mention another case of an economy as an example of capital flight. Discuss the causes and consequences in that economy, and suggest some policy can help such economies to recover from capital flight phenomenaSummarize the Venezuela economy and oil dependency as an example of Capital Flight. Mention another case of an economy as an example of capital flight. Discuss the causes and consequences in that economy, and suggest some policy can help such economies to recover from capital flight phenomena.
- Discuss using empirical evidence whether international trade leads to economic growth.true/false explain If an advanced country has an absolute advantage in the production of everything (relative to certain less developed countries), the advanced country will benefit if it eliminates trade with less developed countries and becomes self-sufficient.True or False. And why? Suppose the US is a more capital-abundant economy than China. We would expect the trade war to be harmful to capital owners.
- Economic integration brought on by globalisation has the potential to allow more widely distributed growth. What makes this possible? What are the big impediments to such integration?In bullet points, outline how the citizens of a foreign country benefit from the direct investment by a foreign Firm in their country's economy, for example how the citizens of a developing county, such as Sierra Leone, would benefit when a large, international corporation would open a new production facilities in their country?Mention three actions that were taken by different countries to decrease the negative impact of globalization.