how would the recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of india?
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Answer: Macroeconomic stability is all about the large economic stability. The recent phenomenon of protectionism and currency manipulation in the world trade had impacted the economics of India adversely. The inflation has risen in the country, the oil prices have soared, and the rupee vs dollar prices have shot up. The Indian economic planning needed to be restructured to fight this global phenomenon. The GDP did not grow as expected.
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