There is no need for money to be able to move freely between countries. The model also looks at what happens when there are some restrictions on how much money can move between countries.
The model looks at how money and taxes are used, not only when the exchange rate is fixed but also when it can change. It looks at how the balance of payments and the business curves will be affected by the policies and exchange rate system that will be used.
mundell fleming model
mundell fleming model
A model has been created that includes a graph showing the balance of payments balance. This model can be used to export the IS-LM model.
mundell fleming model
There is no need for money to be able to move freely between countries. The model also looks at what happens when there are some restrictions on how much money can move between countries.
mundell fleming model
(see: impossible trinity)
mundell fleming model
The model looks at how money and taxes are used, not only when the exchange rate is fixed but also when it can change. It looks at how the balance of payments and the business curves will be affected by the policies and exchange rate system that will be used.
mundell fleming model
Open IS-LM models with full capital mobility are models that allow money to move freely between countries without any restrictions.