Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Who explained micro and macro economics?
Induced investment: It is a type of investment that is of profit motive in nature.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Assume that many people are willing and capable to pay greater than production costs for certain goods however pervasive shortages exist. International agreements or domestic laws and policy are most likely key factors if we consider sustained scarcities in ma
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
‘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?’
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Explain all the approaches of Paul Samuelson.
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
18,76,764
1953249 Asked
3,689
Active Tutors
1446836
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!