Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
5. What are the factors responsible for the recent surge in international portfolio investment?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Who was 1970 Nobel Laureate in Economics?
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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 : International product life cycle I NEED I NEED TO UNDERSTAND MORE ABOUT International product life cycle
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Discover Q & A Leading Solution Library Avail More Than 1424575 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1937855 Asked 3,689 Active Tutors 1424575 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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