Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
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 explained micro and macro economics?
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
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
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.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
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
what are the key callenges to indian economic development
18,76,764
1958757 Asked
3,689
Active Tutors
1413302
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!