Top 5 Contributions of Robert A. Mundell to Economics
The following points highlight the top five contributions of Robert A. Mundell to Economics. The contributions are: 1. Theory of International Trade 2. The Mundell-Fleming Model of an Open Macro Economy 3. The Optimum Currency Area Argument 4. The Monetary Approach to the Balance of Payments 5. Fiscal-Monetary Mixtures and the Assignment Rule. Contribution # 1. Theory of International Trade: [...]