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Foreign Aid

Assistance Needed -75 words each

1.What is foreign aid and what is the goal of foreign aid? Does foreign aid promote economic development? Explain briefly.
2.Why can't all the balance of payments accounts be in surplus? What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?
3.Describe developing countries and how they differ from industrial market economies. How can international trade aid development? In what ways does the international economy impose problems on developing countries
4.How can two countries both be better off as a result of trade? How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs? Explain. Who are the winners and losers from trade restrictions? Given that trade restrictions impose losses on an economy, why are trade restrictions so common.
5.How did the Bretton Woods system operate? What caused its collapse? Some think the current system of managed but floating rates is too unstable. What would generate the instability?

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Assistance Needed-8-Macroeconomics
Assistance Needed -75 words each
1.What is foreign aid and what is the goal of foreign aid? Does foreign aid promote economic development? Explain briefly.
Ans:

Foreign aid is money spent overseas by the US. The US spends billion of dollars each year on foreign aid. In fact, the US spend about "$37,680,000,000 overseas in 2012 for foreign aid according to the Finance Degree Center." The money spent on foreign aids, includes investments in national security, counterterrorism efforts, commercial, humanitarian interests, and others. The goals of the foreign aids spent is for national security ( counter terrorisms focus), commercial interests ( investment) , and humanitarian ( less suffering makes a better world) concerns. The objectives for the foreign aid, includes peace and security, investing in people, and governing justly and democratically. Other goals and objectives are promoting economic growth and humanitarian assistance.
Foreign aid will promote economic growth and development by providing a start-up budget for development in agriculture, environment, and infrastructure.

2.Why can't all the balance of payments accounts be in surplus? What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?
The balance of payments account would be in surplus if the balance is ...

Solution Summary

Foreign aid is money spent overseas by the US. The US spends billion of dollars each year on foreign aid. In fact, the US spend about "$37,680,000,000 overseas in 2012 for foreign aid according to the Finance Degree Center." The money spent on foreign aids, includes investments in national security, counterterrorism efforts, commercial, humanitarian interests, and others.

$2.19