Question

In: Economics

Among the 3 capitalism models, which model countries raise relatively small amounts of capital (relative to...

Among the 3 capitalism models, which model countries raise relatively small amounts of capital (relative to GDP) by issuing corporate debt?

The unifying features of the Asian model are the high rates of savings and government spending and the distinctive organization of capital markets and corporate governance.

True

False

The landmark Maastricht Treaty, signed in February 1992, dictated that the EU should have a common currency and one ?

Solutions

Expert Solution

- The 3 different forms of capitalism are the State Capitalism , Welfare capitalism and the free market capitalism. We believe that the State capitalism will have less capital. This form of capitalism happens when state claimed businesses assume a key job inside the market economy. Under state capitalism, the legislature likewise assumes a key job in arranging, for instance choosing to put resources into transport and correspondence. Somewhat, China has gotten a model of state capitalism. Private firms assume a key job, yet the legislature likewise assumes a key job in arranging vitality, transport and the Chinese government impacts financial approach and conversion scale strategy. The distinction between state capitalism and state communism is that under state communism there is no space for private endeavor and rivalry.

- The unifying features of the Asian model are the high rates of savings and government spending and the distinctive organization of capital markets and corporate governance. This statement is true. In the Asian economies such as China, Japan, India , Malaysia Et.c, there has been high rate of savings and government spending to grow their economy.

- The Maastricht Treaty improved and corrected the settlements building up the European Communities. It renamed European Economic Community to European Community to mirror its extended capabilities past financial issues. The Maastricht Treaty likewise made two new mainstays of the EU on Common Foreign and Security Policy and Cooperation in the Fields of Justice and Home Affairs which supplanted the previous casual intergovernmental participation bodies .

- The treaty additionally extraordinarily extended the abilities of the EEC/EU and prompted the formation of the single European cash, the euro.


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