Balance of trade
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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Exports of goods and imports of goods find out BOT. Whenever the value of exports of goods is bigger than the value of imports of goods.
safeguard against the crisis of confidence in system explain
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Who won the Nobel Prize for Economics in 1997?
Define foreign exchange: It is the currency other than domestic currency.
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
Who was 1970 Nobel Laureate in Economics?
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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