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. Under a fixed exchange rate, however, differential adjustment in the rate of growth of money wages will more accurately …
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The end of the world's greatest autarky -- Confronting the competition: the limitations of trade policy -- Confronting the competition: how a strong dollar has hurt -- Investment: the winners and the losers from offshoring -- Helping the losers: the tragedy of trade adjustment assistance --...
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The business cycle has a significant impact on the performance of the organizations. It influences overall compensation costs. The business cycle involves understanding different phases of the economic activity such as periods of expansion, in which there is broad economic growth, and periods of...
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Various phases of economic cycle are characterized by changes in the dynamics of the economy. In particular, expansion phases are periods when economic activity tends to trend up such as recovery and growth period, whereas recession phases are periods when economic activity tends to trend down...
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