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The 'impossible trinity' is the combination of free capital mobility, a fixed exchange rate and independent monetary policy. Countries can choose any two of these three but achieving all three is impossible e.g. the UK has free capital mobility and independent monetary policy but a floating echange rate and China has independent monetary policy and a fixed exchange rate but restrictions on the movement of capital.
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What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
What is the difference between MSc Economics and MA Economics?
what is difference between msc economics and ma economics
What is the Difference between economics and manegrial economics?
difference between economics and managerial economics
What are the basic division in economics?
micro economics and macro economics
What is the incompatible trinity?
The incompatible trinity, also known as the impossible trinity or the trilemma, is an economic concept that states that it is impossible to have all three of the following simultaneously: a fixed foreign exchange rate, free capital movement, and an independent monetary policy. If a country tries to have all three, it will have to give up one of them. For example, if a country wants to maintain a fixed exchange rate, it will have to sacrifice free capital movement or an independent monetary policy.
What is the holy trinity of life means?
It is the concept in Economics that a country can attain only two of the following conditions: 1. A fixed exchange rate 2. Free international flows of capital 3. Independant monetary policy It is very difficult, if not impossible, to have all three conditions.
Why is it impossible to fin the end of a rainbow?
Economics. If you found the end of the rainbow, you could still the gold from leprechauns and this would contribute to inflation.
Does Satan have a trinity like God has a Trinity?
No, Satan does not have a trinity like God has a trinity.
What nicknames does Trinity Joy go by?
Trinity Joy goes by Trinity Joy.
What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Who is in the Trinity?
The Trinity is a word that is used in Christianity. The Trinity refers to the Father, Son, and the Holy Spirit.
Where is the Trinity Historical Society in Trinity Texas located?
The address of the Trinity Historical Society is: Po Box 1204, Trinity, TX 75862-1204
What is trinity in Christ?
The trinity is the father, Son and Holy Ghost. Jesus is part of this trinity as the Son of God.
What is the birth name of Trinity Marquez?
Trinity Marquez's birth name is Trinity Jordan Rae Marquez.
How does the denomination view the trinity-Jehovah's Witnesses?
JWs do not believe in the trinity. The word trinity is not found in the bible you can go to http://www.watchtower.org/ and look up "trinity" in the search box and it will give you articles on JW views of the trinity
