This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain why a exchange rate-based stabilization plan may result in a real appreciation? What will ... (Read 89 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Explain why a exchange rate-based stabilization plan may result in a real appreciation?
 
  What will be an ideal response?

Question 2

Explain how Eurobanks played a role in the Iranian Hostage Crisis in 1979.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scottmt

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

Real appreciation may result for any of three reasons: first, persistent inflation due to say lagged wage indexation; second, lack of credibility of the policy; and third, productivity shifts due to inflation reduction or efficient reforms. See also Figure 22-3 for illustration in the case of Argentina, Chile, Brazil and Mexico. See also Chapter 15.

Answer to Question 2

When American hostages were taken by Iranians at the American embassy in Tehran, President Carter froze all Iranian assets in U.S. banks as well as in their European branches.


CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Based on this figure, what pathway is used during urinary catheterization, in which a tube is ... Based on this figure, what pathway is used during urinary catheterization, in which a tube is ...
Strength Gains: Based on Sets and Repetitions Strength Gains: Based on Sets and Repetitions
OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ... OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ...
Plan of a Temple, Perhaps Dedicated to Portunus Plan of a Temple, Perhaps Dedicated to Portunus
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ... For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ...
Video: Parkinson's Disease

For a complete list of videos, visit our video library