OCR • Economics
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Essay
A* essay on whether a governments decision to artificially lower exchange rates is ever beneficial
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In this 22/25 essay, I explore the benefits and costs of a governments decision to artificially lower or raise exchange rates. The graph mentioned is a standard Keynesian long run market equilibrium one.
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specialisation
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demand and supply
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concept of margin
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market failure
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information failure
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public goods
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economic problem
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