Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
what are the techniques of balance of payment?
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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 flexible exchange rate Flexible Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
5. What are the factors responsible for the recent surge in international portfolio investment?
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
what are the key callenges to indian economic development
18,76,764
1936830 Asked
3,689
Active Tutors
1443322
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!