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International Economics and Sustainability

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We discuss

3 main elements that are the most relevant in giving Value to Currencies.

Select 2 and explain them.

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Do

you think that the world now needs a new Economic System? Why? If you can change ONE element of the current system, which one will it be, and what will your proposal be?

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Explain

the Balance of payments in your own words and provide at least 2 options, or solutions, that any country has to try to balance an unbalanced BoP.

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Critically

assess the role of sustainability, including the Triple Bottom Line (3BL) and

the Circular Economy, in the context of the current International Economy. How

do traditional economic models, which prioritize profit and growth, impact

sustainability efforts, social welfare, and individual well-being? Discuss the

potential challenges and opportunities of integrating sustainability into

global economic practices, and whether the focus on growth can be reconciled

with the principles of a sustainable and inclusive economy

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Given

the elements that we saw at the beginning of the course, about why some

countries remain rich and others remain poor: institutions, Culture, and Geography; and after all the elements we

discussed during the class, in your opinion, what gives wealth to the nations

nowadays? Explain and justify.

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The Policy Trilemma (for economics) includes?
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What are the 3 Pillars of the Bank of International Settlements, called the pillars of Basel, to try to avoid more Economic Crisis?
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Globalization refers to the Economic Integration of the World?
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At the Breton Woods Conference, nations agreed to have a FIX Exchange rate of the US Dollar with?
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The so-called Washington Consensus refers to the following policies?
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