Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
Who explained micro and macro economics?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Induced investment: It is a type of investment that is of profit motive in nature.
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
18,76,764
1932562 Asked
3,689
Active Tutors
1460993
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!