Question

What is monetary policy? What is the national debt in $US? Why would the US want...

  1. What is monetary policy?
  2. What is the national debt in $US?
  3. Why would the US want to trade with other countries?
  4. What is comparative advantage vs absolute advantage?
  5. How does globalization help host countries?
  6. How does globalization hurt host countries?
  7. What is the relationship between trade surplus and trade deficit? What is ideal? What does the US have with China? Mexico? Canada?
  8. What does dumping in terms of foreign markets mean? Give a recent example.
  9. Name 3 strategies for entry into foreign markets, what is the advantage and disadvantage of each?
  10. What is FDI?

Homework Answers

Answer #1
  1. What is monetary policy?

Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity.

2)What is the national debt in $US?

The U.S. debt is the sum of all outstanding debt owed by the federal government. It exceeded $21 trillion on March 15, 2018. The U.S. Treasury Department's "Debt to the Penny" shows the current total public debt outstanding.

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