Recent content by ADF1992

dude, the speed changes in both references if u want to put it that way. it didnt give u an exact change in speed so therefore it appears to change no matter of reference. and obviously direction changes no matter where u look from..

Explain the policy options for improving external stability well you can use monetary policy through contractionary stance, which is to increase the interest rate to slow down economic activity, causing demand for imports to reduce while exports dont necessarily reduce, improving our terms...

oh and another effect of unemployment is the budget deficit through automatic stablisers- revenue goes down as incoem tax reduces an expenditure goes up from increase unemployment benefits. P.S i dont like that question! =( answer it and ask again=] btw. if i say that globalisation...

Advantages of free trade: > international competitiveness will increase in the long-term as industries become more efficient and productive to survive. > economies of scale is achieved > specialisation > economic growth in the long term >higher living standards Disadvantages: >infant...