Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
safeguard against the crisis of confidence in system explain
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
Explain the Economic environment in Australia and Internationally and their factors which affect them?
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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.
5. What are the factors responsible for the recent surge in international portfolio investment?
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
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
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