Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : What is Flexible exchange rate system Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
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.
Analyse free trade and discuss the role of international organisattions in regulating trade between countries. How the control of trade has impacted positively or negatively on a company of your choice
Explain all the approaches of Paul Samuelson.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
The professor wants to narrow it down to one or two wars that have affect global economies.
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
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. Discover Q & A Leading Solution Library Avail More Than 1439886 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1956003 Asked 3,689 Active Tutors 1439886 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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