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?’
Expert
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.
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
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 : 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.
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
Question 1 Household Tools Co. is a manufacturer of microwave ovens. The manufacturer wants to increase the shelf life of their products. Past records indicate that the average shelf life of their microwave ovens is 240 days. After a new line of microwave ovens has been d
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
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
Who explained micro and macro economics?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
18,76,764
1925488 Asked
3,689
Active Tutors
1429838
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!