Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
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.
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
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 : Tourism services to tourist-Balance of In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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