Components of capital account of balance of payment
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.
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.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Determinants of market market structure market structure and price-output determination
market structure and price-output determination
What challenges are facing lone mill mine and what strategies can be used
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.
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
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
Explain the Economic environment in Australia and Internationally and their factors which affect them?
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Define foreign exchange rate Foreign Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
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