Macroeconomics Answers

Why is it important that the rulings of the European Court cannot be repealed by EU

member states?

“Liberalisation of cross-border capital flows makes it easier to stabilise nominal

exchange rates.” Is this statement correct?

Suppose the € nominally depreciates against the $. How do the terms of trade evolve?

What are the implications?

Why does the European Central bank need to assess likely future economic

developments?

What are the ECB´s long-term refinancing operations?

How is the Governing Council of the ECB composed, what is its competence?

“EU countries that are not member of the euro area do not fulfil the EMU accession

criteria.” Is this true?

Can mergers with small firms be problematic under the perspective of EU competition

policy?

Is the following correct: “Mergers of companies are prohibited in the EU because they

raise profits at the expense of consumers.”?

What is multi factor productivity?