Which of the following is a possible benefit of international macroeconomic policy coordination?
A)International macroeconomic policy coordination gives countries the political cover to abolish import tariffs and export taxes.
B)International macroeconomic policy coordination gives countries the opportunity to consider spillover effects on other countries that arise from interdependence.
C)International macroeconomic policy coordination builds a forum where developing countries can come up with a common political agenda.
D)International macroeconomic policy coordination helps stronger countries to impose their prescribed economic policies on weaker countries.

Question

Quizplus · Accepted Answer

International macroeconomic policy coordination allows countries to consider the spillover effects on other countries that may arise from interdependence. This collaboration can lead to policies that benefit all participating countries and reduce the risk of negative externalities. The other options listed do not accurately describe the benefits of international macroeconomic policy coordination.

Which of the Following Is a Possible Benefit of International