Wars that have an impact on Global Economies
The professor wants to narrow it down to one or two wars that have affect global economies.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
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
Who was responsible for setting the tone for following generations of economists?
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
what are the techniques of balance of payment?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
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.
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