The modification of national economic policies in recognition of international interdependence is known as:
A)international macroeconomic policy coordination
B)international microeconomic policy coordination
C)monetary policy
D)fiscal policy

Question

Quizplus · Accepted Answer

International macroeconomic policy coordination refers to the modification of national economic policies to recognize the impact of international factors, such as trade, capital flows, and exchange rates. This can involve coordination of monetary and fiscal policies among countries to achieve common goals such as stable exchange rates, low inflation, and sustainable economic growth. International microeconomic policy coordination, on the other hand, refers to cooperation among countries to address specific issues related to market competition, regulation, and intellectual property rights.

The Modification of National Economic Policies in Recognition of International