Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Peanut butter, jelly sandwiches and tuna fish sandwiches are replacements. Assume an international agreement decreased the worldwide catch of tuna by half. The equilibrium price of grape jelly would be: (1) Increases while the equilibrium quantity is reduced. (2) Drop
what are the techniques of balance of payment?
Explain the Economic environment in Australia and Internationally and their factors which affect them?
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Who was responsible for setting the tone for following generations of economists?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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