Key (new for the final) Fiat currency Real interest rate Philipps Curve Current Account Capital Account Portfolio investment Foreign Direct Investment Sovereign Debt Conditionality (with regard to IMF loans) Counter-cyclical fiscal policy Contagion (Re: Financial Crises) Speculative Attack (on a currency) Horizontal diversification Vertical diversification Obsolescing bargain Creeping expropriation Policy risk Bureaucratic risk Spillovers (re: FDI and development) Dutch Disease Resource Curse Drain Remittances H1B Visa Answer Questions: What does it mean that the dollar was an reserve currency” the “international Bretton Woods system? If the Fed increases the interest rate, what happens to the money supply? What happens to inflation? What happens to employment and economic growth? What is the Federal Reserve’s dual mandate? How does exchange rate depreciation (i.e. inflation) affect a country’s exports? How about its imports? How long can a country keep borrowing from abroad to cover a current account deficit? What is the goal of the IMF? What is the goal of the World Bank? What are the three functions of the IMF?
Key (new for the final) Fiat currency Real interest rate Philipps Curve Current Account Capital Account Portfolio investment Foreign Direct Investment Sovereign Debt Conditionality (with regard to IMF loans) Counter-cyclical fiscal policy Contagion (Re: Financial Crises) Speculative Attack (on a currency) Horizontal diversification Vertical diversification Obsolescing bargain Creeping expropriation Policy risk Bureaucratic risk Spillovers (re: FDI and development) Dutch Disease Resource Curse Drain Remittances H1B Visa Answer Questions: What does it mean that the dollar was an “international reserve currency” the Bretton Woods system? If the Fed increases the interest rate, what happens to the money supply? What happens to inflation? What happens to employment and economic growth? What is the Federal Reserve’s dual mandate? How does exchange rate depreciation (i.e. inflation) affect a country’s exports? How about its imports? How long can a country keep borrowing from abroad to cover a current account deficit? What is the goal of the IMF? What is the goal of the World Bank? What are the three functions of the IMF?
IR_213_Final_Study_Guide_F17_Part_1.docx