The Open Economy Revisited:   the Mundell-Fleming Model and the Exchange-Rate Regime University of Wisconsin Charles Eng Preloader

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CHAPTER 12.02. In this chapter, you will learn. the Mundell-Fleming model (IS-LM for the small open economy)causes and effects of interest rate differentialsarguments for fixed vs. floating exchange rateshow to derive the aggregate demand curve for a small open economy. CHAPTER 12.02. The Mundell-Fleming model.

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