Determining total receipts-Balance of Payment
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Expert
Balance of Payment = Total receipts - Total payments Total receipts = Total Payment + BOP =500 + (-100) =500 – 100 = 400
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
distinguish between autonomous transactions and accommodating transactions under balance of payments
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
market structure and price-output determination
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
what are the key callenges to indian economic development
18,76,764
1937314 Asked
3,689
Active Tutors
1420680
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!