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Unformatted text preview: 3. Explain the effects of inflation on a country&s international competitiveness. 4. Use an aggregate demand / aggregate supply diagram to analyse the likely effects of an increase in income tax. 5. What is a voluntary export restraint and who is likely to benefit from it? 6. Why might a less developed country find difficulty in maintaining stable export revenues? ± 2 ± N02/330/H(2) 882-032...
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This note was uploaded on 02/12/2010 for the course ECON 201 taught by Professor Smith during the Spring '10 term at Whittier.
- Spring '10