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Economic Implications of the Oil Discovery in Kenya
Economic Implications of the Oil Discovery in Kenya

... advantage of the economic opportunities in the area as well as to provide services  Citizens of other countries with interests in the oil business are also likely to move to Kenya to take advantage of the new business opportunities  This is likely to increase aggregate consumption in the oil produ ...
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Unit II Macroeconomics FRQ Release Practice

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Currency intervention

Currency intervention, also known as foreign exchange market intervention, or currency manipulation, occurs when a government buys or sells foreign currency to push the exchange rate of its own currency away from equilibrium value or to prevent the exchange rate from moving toward its equilibrium value.Generally, central banks intervene in foreign exchange markets in order to achieve a variety of overall economic objectives: controlling inflation, maintaining competitiveness, or maintaining financial stability. The precise objectives of policy and how they are reflected in currency manipulation depend on a number of factors, including the stage of a country’s development, the degree of financial market development and integration, and the country’s overall vulnerability to shocks.
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