Jacob Frenkel: Markets & the Legacy of Robert Mundell
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Business, Social Studies
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University
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Hard
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the impact of Mandelik on the economic profession's view of the economy?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How did the concept of a closed economy differ from the idea of an open economy?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the principles of comparative advantage as discussed in the text?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
In what ways has the perception of globalization changed over the years?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What challenges does globalization face according to the discussion?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
How can countries ensure that the benefits of globalization are widely shared?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the term 'Washington consensus' refer to, and how has it evolved?
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