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"international integration" is an interesting way of phrasing economic globalization. the answer is this: an effective global economy will lead most first world nations and many developing nations to adopt monetarist policies -- in other words, they will minimize government regulation within the markets, while maintaining an active role in managing monetary reserves. this will help their economies function more effectively by minimizing the impact of inflation.

2006-12-13 03:14:27 · answer #1 · answered by Super G 5 · 0 0

Globalization will have a large effect on monetary policy as currency exchange is a large topic in economics. For years, China was a bastion for exporting consumer goods for manufacture. However, with the falling value of the US Dollar, the exchange rate advantage is slowly slipping away.

2006-12-13 11:58:07 · answer #2 · answered by Wesley W 2 · 0 0

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