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* FE402I - Economics (P2-INT - 2425S4)

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A French software company wants to expand into Brazil. Which of the following could represent an entry barrier?

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In 2008, during the global financial crisis, several major banks were accused of hiding important information to avoid devaluing their shares. According to market theory, such behavior violates the principle of:

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In France, a study showed that when the price of a pack of cigarettes increases by 10%, demand decreases by 4%. What is the price elasticity of tobacco?

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Following the Fukushima nuclear disaster in 2011, Japan had to reduce its nuclear power production, leading to increased fossil fuel imports to compensate. What is the main impact of this situation on the Japanese economy?

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What is quantitative easing?
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What can happen if the ECB decides to raise its key interest rates?

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What is the name of the market where the ECB and commercial banks interact?

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Lucie owns a furniture business. Faced with rising wood prices, she increases her prices. Her employees, seeing that the company continues to sell well, ask for a raise. Lucie agrees to keep her team. If this situation spreads throughout the economy, what is most likely to happen first?

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In an inflationary situation, what tool do central banks primarily use to contain rising prices?

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According to Milton Friedman, what characterizes a situation of inflation?

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