Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
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
Question 1 Household Tools Co. is a manufacturer of microwave ovens. The manufacturer wants to increase the shelf life of their products. Past records indicate that the average shelf life of their microwave ovens is 240 days. After a new line of microwave ovens has been d
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Can someone help me in determining the right answer from the given options. The economic growth in a country is least possible to occur as a result of: (1) Advances in the technology (2) Rises in rates of saving and investment. (3) Enhancements in its
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‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
5. What are the factors responsible for the recent surge in international portfolio investment?
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