Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Induced investment: It is a type of investment that is of profit motive in nature.
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
Who rediscovered Bachelier’s thesis?
what are the key callenges to indian economic development
‘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 all the approaches of Paul Samuelson.
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
What challenges are facing lone mill mine and what strategies can be used
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