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.
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Who was 1970 Nobel Laureate in Economics?
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.
what are the key callenges to indian economic development
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