SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

What are Free Market Strategies more Common Today?

Author: eric_galvao



Answer:

-From the 1980s, Free Market Strategies (Market-oriented) have become Popular. They want Less Government Intervention and want Further Expansions of Free Trade. There are Benefits and Costs to that -They are similar to Outward-Looking Strategies, by Increasing Efficiency by Freeing the Market The floating Exchange Rate System is an example of a Free Market Strat. Allowing the Exchange Rate to be determined by the Market has its Costs (Currency Fluctuations) and Pros (Efficiency and Productivity because the Market reacts to International Demand)


0 / 5  (0 ratings)

1 answer(s) in total