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Harry Bindloss


The government has 4 basic international principles

Reduce Inflation
Reduce unemployment
Achieve economic growth
Balance of Payments at 0

Inflation - Inflation is defined as a sustained increase in the general level of prices for goods
and services.
It has costs to both domestic…

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Harry Bindloss

Economic growth will increase living standards

Balance of payments - A set of accounts showing the transactions conducted between
residents of a country and the rest of the world.

You want it at 0
This means money flowing in and not out
You want it at a surplus…

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Harry Bindloss


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