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Month: November 2022

What is policy trilemma?

What is policy trilemma? The policy trilemma, also known as the impossible or inconsistent trinity, says a country must choose between free capital mobility, exchange-rate management and monetary autonomy (the three corners of the triangle in the diagram). Only two Read more…

Is Wark in Scotland?

Is Wark in Scotland? Not to be confused with the village of Wark-on-Tyne to the south, Wark is a small village on the south bank of the River Tweed near Cornhill. Wark’s position on the traditional border between Scotland and Read more…