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.
Who rediscovered Bachelier’s thesis?
In simple circular flow model, the only entities which finally consume goods, own resources, pay taxes or bear the loads of inflation, experience joy, or suffer pain, are as: (i) corporations. (ii) Households. (iii) Government agencies. (iv) Business
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Define foreign exchange: It is the currency other than domestic currency.
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
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 : What is Fixed exchange rate system Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Influence of demand in exchange rate If If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
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