Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
market structure and price-output determination
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
Explain the Economic environment in Australia and Internationally and their factors which affect them?
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
distinguish between autonomous transactions and accommodating transactions under balance of payments
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
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