Ecs3703 assignment 2 - Study guides, Study notes & Summaries
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ECS3703 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
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ECS3703 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ... Question 1 
Assume that South Africa trades with the rest of the world and has a deficit in its trade balance. With the aid of a diagram, explain how South Africa would use exchange rates to correct the deficit……………………………………………………….[25 marks] 
Question 2 
Assume that South Afri...
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ECS3703 Assignment 2 Semester 1 2024
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ECS3703 Assignment 2 Semester 1 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
 
Assignment 02 (semester 1) 
THIS ASSIGNMENT IS COMPULSORY. THE MARKS YOU OBTAIN FOR IT 
WILL, CONTRIBUTE TO YOUR SEMESTER MARK, AND HAVA A WEIGHT OF 
60%. NO EXTENSION FOR THE SUBMISSION OF THIS ASSIGNMENT CAN BE 
CONSIDERED. 
Assignment 2 
Question 1[25] 
Assume Nation A operates under a flexible exchange rate sys...
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us .. Question 1 
Assume that South Africa trades with the rest of the world and has a deficit in its trade balance. With the aid of a diagram, explain how South Africa would use exchange rates to correct the deficit……………………………………………………….[25 marks] 
...
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 8 April 2024
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 8 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Question 1[25] 
Assume Nation A operates under a flexible exchange rate system, the principle of imperfect capital mobility, and desires to achieve both the internal and external balance. 
(a) Which macroeconomic policy should Nation A use to simultaneously achieve internal and external balance and why? ...
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ECS3703 Assignment 2 Semester 2 2024
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QUESTIONS WITH ANSWERS 
ECS3703 Assignment 2 Semester 2 2024
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024
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ECS3703 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
 
Assignment 02 (semester 1) 
THIS ASSIGNMENT IS COMPULSORY. THE MARKS YOU OBTAIN FOR IT 
WILL, CONTRIBUTE TO YOUR SEMESTER MARK, AND HAVA A WEIGHT OF 
60%. NO EXTENSION FOR THE SUBMISSION OF THIS ASSIGNMENT CAN BE 
CONSIDERED. 
Assignment 2 
Question 1[25] 
Assume Nation A operates under a flexibl...
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ECS3703 Assignment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024
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ECS3703 Assignment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024
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ECS3703 Assignment 2 2024
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ECS3703 Assignment 2 Semester 1 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...... 
 
Assignment 02 (semester 1) 
THIS ASSIGNMENT IS COMPULSORY. THE MARKS YOU OBTAIN FOR IT 
WILL, CONTRIBUTE TO YOUR SEMESTER MARK, AND HAVA A WEIGHT OF 
60%. NO EXTENSION FOR THE SUBMISSION OF THIS ASSIGNMENT CAN BE 
CONSIDERED. 
Assignment 2 
Question 1[25] 
Assume Nation A operates under a flexible exchange rate system, ...
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ECS3703 Assignment 2 Semester 2 2024
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ECS3703 Assignment 2 Semester 2 2024 
QUESTIONS WITH COMPLETE ANSWERS
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ECS3703 Assignment 2 Semester 2 2024 (Detailed Answers)
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Question 1: Correcting a Trade Deficit Using Exchange Rates 
Explanation: 
A trade deficit occurs when a country's imports exceed its exports. For South Africa, 
this means that more goods and services are being bought from the rest of the world 
than are being sold. To correct a trade deficit, one approach is to influence exchange 
rates. 
Exchange Rate Mechanism: The exchange rate is the price of one currency in 
terms of another. If South Africa has a trade deficit, it may devalue its c...
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