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Basic Question 0 of 8
Which model(s) believe that a more open trade policy will in general raise the rate of economic growth?
B. endogenous models only.
C. both A and B.
A. neoclassic model only.
B. endogenous models only.
C. both A and B.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
compare the FCFE model and dividend discount models;
explain how dividends, share repurchases, share issues, and changes in leverage may affect future FCFF and FCFE;
evaluate the use of net income and EBITDA as proxies for cash flow in valuation;
CFA® 2025 Level II Curriculum, Volume 4, Module 22.