Determining total receipts-Balance of Payment
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Expert
Balance of Payment = Total receipts - Total payments Total receipts = Total Payment + BOP =500 + (-100) =500 – 100 = 400
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Question 1: The financial crisis that hit the United States first and then the world economy starting in fall 2007 meant that the future prospects of many firms looked gloomy at best for some time. Comment on the e
Normal 0
‘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?’
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
The professor wants to narrow it down to one or two wars that have affect global economies.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
I need an outline paper and a 15 page research paper double space on this topic. I have to provide at least 5 cited reports, but not limited to just 5 cites. Professor made comment below. The topic is too broad and I suggest that you focus on a war for which you can get enough economic data to
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
18,76,764
1934549 Asked
3,689
Active Tutors
1454465
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!