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International Finance and Trade / Module 3: International Adjustments

Students need to study:

  • Income Adjustment
  • Income Determinants in a Small Economy
  • Monetary Adjustments 
  • Methods of Correction 
  • Monetary, Cyclical, Structural and Secular Types of Disequilibrium 
  • Balance of Payment Adjustment
  • Elasticity and Income Absorption Approach
  • Problem of Balance of Payments

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