Summary Active recall: International Economics and International Economic Organizations
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Course
International Economics
Institution
Universiteit Antwerpen (UA)
This document will help you study for the exam of International Economics and International Economic Organisations taught by Prof. Cassimon at the University of Antwerp. It relies on the method of active recall.
What are the characteristics of a public good?
What is a quasi-public good?
What is a joint product?
What is an example of a public good?
What is an example of a quasi public good?
What is the consequence of the free riding problem?
How can governments provide public goods?
What are global public goods?
What is an example of a global public good?
What is an example of a global public bad?
What are possible technologies of provision of global public goods and what are their policy
messages?
What is a common pool resource?
What is club good?
What is an example of a global common pool resource?
What is an example of a global club good?
Why are international institutions relevant in the context of global public goods?
What is the principle of double-entry booking?
What is forex?
What does the current account consists of?
What does the capital account consists of?
What does the financial account consists of?
,When is there a BOP problem?
What are capital flows?
What are synonyms for capital account openness?
What is de jure capital account openness?
What is de facto capital account openness?
From which perspectives can de facto capital account openness be measured?
Why might a gross measure sometimes be better than a net measure?
How can de jure capital account openness be measured?
Compare capital account openness in a) all countries together b) advanced economies c) emerging
markets and d) developing economies
Describe the trend in stocks of global foreign investment relative to GDP
Describe flows of foreign liabilities and foreign assets in advanced economies and emerging markets
(in percent of global GDP).
Explain the 2007 peak in cross border capital flows
Describe the increasing number of private capital flows to developing countries
What is the Lucas paradox?
, Explain the traditional view on the relationship between capital flows and GDP growth
Explain Kose et al enhanced view on the relationship between capital flows and GDP growth
Explain the importance of threshold conditions in the Kose framework
What are policy implications of the Kose framework at the recipient country level?
What are policy implications of the Kose framework at the global level?
What is the nominal bilateral exchange rate?
What is a flexible exchange rate?
What is a fixed exchange rate?
What is a managed/pegged float exchange rate?
What is the real exchange rate?
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