Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
safeguard against the crisis of confidence in system explain
distinguish between autonomous transactions and accommodating transactions under balance of payments
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.
what are the techniques of balance of payment?
Who was responsible for setting the tone for following generations of economists?
Describe which of the following is a visible and which is invisible item in Balance of payments. (a) Export of jute product (b) Software services exports. Answer: Q : Determinants of market market structure market structure and price-output determination
market structure and price-output determination
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Must home production be defended to Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
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