Rise in the exchange rate-always good news
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
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The result of exchange rate modifications on imports and exports and how such changes have various effects on business and the economy in booms and recessions.
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
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.
Explain the Economic environment in Australia and Internationally and their factors which affect them?
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
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
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
Define foreign exchange: It is the currency other than domestic currency.
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
Induced investment: It is a type of investment that is of profit motive in nature.
distinguish between autonomous transactions and accommodating transactions under balance of payments
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