The federal reserve stands as the central monetary policy maker in the United States economic system. The central bank was established to maintain the rate of inflation and balance of unemployment through the dynamics of interest rates. However, as the world begins to globalize with advancements in trading across international borders, a concept of connectivity begins to arise. How dependent are different countries trading patterns based on a hegemonic powers domestic policy? The purpose of this paper is to understand if the U.S. federal reserve has the potential to shift dynamics in international trade balances with European Countries in the EU that have high income economies.
Sundheimer, Nolan, "Influences of the U.S. Monetary Policy on the Current Account Balance of High Income E.U. Countries" (2019). Senior Independent Study Theses. Paper 8549.
Bachelor of Arts
Senior Independent Study Thesis
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