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1971 3
2010-05-29
问题如下:
1、According to the macroeconomic framework of an open economy, how government budget deficit affect the international tourism receipts of the country?

2、In an open economy, if there is a sudden increase in net capital outflow:
(1)Is it impossible that the country’s net exports is constant? Why?
(2)Under the same condition of the market for loanable funds, what’s the key determinant of the magnitude of the change in net exports?


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2010-5-29 17:49:06
ding.....。。。。。。。。
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2010-5-29 17:51:29
出自曼昆宏观经济学原理第三十二章~~等待学者解答啊
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2010-5-29 20:35:30
for the question 1, the answer could be increase the international tourists receipts of country. Because the government budget deflicit, so the government expenditure would decrease, then interest rate decrease and exchange rate decrease. as a result, more foreigners come in and increase the profit. (that is my answer, i am not sure if is corret.)
Q2 (1). it is impossible. because capital outflow increase, then the interest rate and exchange rate would decrease, therefore, export increase and import decrease. so net export would increase. (also my answer)
(2) don't understand
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