Fiscal policy is implemented by the federal government, using government spending or taxes whereas monetary policy is implemented by the Federal Reserve, using open market operations, discount rates, and reserve requirement ratios. How would (expansionary or contractionary) fiscal policy and monetary policy affect the current account – exports and imports in goods and services – and the exchange rate, respectively? In what kind of global economic situation would (expansionary or contractionary) fiscal policy and/or monetary policy be used?
Pick three individual countries, one in the Middle East, one in Asia,
· Week I Instructions For this assignment, you will use Hofstede’s characteristics to differentiate international and domestic business operations. This exercise will help identify the key characteristics that drive business decisions on an international and domestic level. Part 1: Pick three individual countries, one in the Middle East, one in