SECTION A (Total 65 marks)
Question 1
Adjustment by fiscal policy and monetary policy is needed in an open economy like Hong Kong to ensure both internal balance and external balance. For Hong Kong, it also wants to maintain its fixed exchange rate policy. Analyse and discuss the relative effectiveness of fiscal policy and monetary policy in an open economy if Hong Kong were faced with recession and
deficit in balance of payment. (20 marks)
Buy Custom Answer of This Assessment & Raise Your Grades
Question 2
Compare fixed and flexible exchange rate systems. Explain and discuss why Singapore as a more advanced but also small, trade-dependent economy, prefers a flexible floating exchange rate system rather than a fixed exchange rate system, given the respective pros and cons of flexible and fixed exchange rates in theory. (20 marks)
For all your assignment help requirements, Singapore Assignment Help offers the best writing services. Our experts present you with outstanding and grade winning economics assignment help services at the best prices.
Looking for Plagiarism free Answers for your college/ university Assignments.
- ISIT332 Business Process Management Individual Assignment 1
- A3740C Complementary and Alternative Medicine Graded Assignment
- A2859C Pharmacotherapeutics I Graded Assignment Brief 2026
- A3750C Dietary Supplements Graded Assignment Individual Report 2026
- Introduction to Accounting Assessment Questions | SMU
- B2079C Job and Labour Market Analysis Coursework Assessment AY2025 Term 4
- B2089C Career Development and Counselling Coursework Assessment AY2025
- PSB501EN Mechanical Engineering Systems Assessment Brief | CU
- 303SD Structural Steel Design Project Brief Report SEM 2 | Ngee Ann Polytechnic
- Security Risk Management Individual Project Assignment | SIT