Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
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
Let us suppose that US gasoline market has the demand and supply curvesQd = 10 – 0.5PdQs = -2 + Ps when Ps ≥ 2 and Qs = 0 if Ps < 2, Q : International product life cycle I NEED I NEED TO UNDERSTAND MORE ABOUT International product life cycle
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Explain all the approaches of Paul Samuelson.
Who was responsible for setting the tone for following generations of economists?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
5. What are the factors responsible for the recent surge in international portfolio investment?
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 : Problems suppose that an investor has suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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