In the New Keynesian Open Economy Model, a Decrease in the Tariff

question 14

Multiple Choice

In the New Keynesian open economy model, a decrease in the tariff imposed by the SOE on imports causes

• A)demand for imports to fall.
• B)demand for imports to rise.
• C)demand for exports to fall.
• D)demand for exports to rise.
• E)demand for net exports to rise.

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Definitions:

Implement the Intervention

The process of putting into action a plan or program designed to bring about a specific outcome.

Process Evaluation

This refers to the systematic collection of information about a program or project to understand how it is operating and to assess whether it is achieving its goals.

Impact Evaluation

Impact evaluation assesses the changes that can be attributed to a particular intervention, including what outcomes would have happened in the absence of the intervention. It focuses on the causality between actions and outcomes.

Process Evaluation

Analysis of the components and the implementation of a program, aimed at understanding how it operates and its effectiveness.