Tourism services to tourist-Balance of payment
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of payments.
In which account of balance of payment tourism services to tourist are involved?
Answer: Tourism services to tourist are comprised in current account of Balance of payments.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
distinguish between autonomous transactions and accommodating transactions under balance of payments
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
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