The Main Difference Between the Small Open Economy and the Large

question 80

Multiple Choice

The main difference between the small open economy and the large open economy is that

• A)the former faces a fixed international real interest rate,but the latter can influence it.
• B)the former can influence the international real interest rate,but the latter cannot.
• C)the former cannot maintain a large current account deficit,but the latter can.
• D)the former can maintain a large current account deficit,but the latter cannot.

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Definitions:

Internal Reference

A benchmark or standard within an experiment or measurement against which other data or results are compared or calibrated.

Deshielded Proton

A proton in an NMR spectrum that appears at lower field due to its electron cloud being less shielded from external magnetic fields, often indicating an electron-withdrawing group nearby.

Farthest Downfield

In NMR spectroscopy, refers to the signal appearing at the lowest field strength, typically associated with environments experiencing the greatest deshielding.

Signal Intensity

In the context of spectroscopy or imaging, it refers to the magnitude of a detected signal, indicating the presence or concentration of a substance.