Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Who was responsible for setting the tone for following generations of economists?
distinguish between autonomous transactions and accommodating transactions under balance of payments
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
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
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
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