In a global economy, a problem with using fiscal and monetary policies to fix the problems in our country is that those policies

Question

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Fiscal and monetary policies can lead to retaliatory actions by other nations, decreasing international cooperation and potentially sparking a trade war. This is especially true in a global economy where countries are interconnected and reliant on each other's markets. Retaliatory actions could also harm our export industries and negatively impact our trade balance.

In a Global Economy, a Problem with Using Fiscal and Monetary