international monetary system
safeguard against the crisis of confidence in system explain
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
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
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
18,76,764
1955499 Asked
3,689
Active Tutors
1431319
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!