Kind of exchange rate
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Expert
The Flexible exchange rate has no official intervention. This is recognized by the interaction of demand and supply in the foreign exchange market.
5. What are the factors responsible for the recent surge in international portfolio investment?
distinguish between autonomous transactions and accommodating transactions under balance of payments
Who was 1970 Nobel Laureate in Economics?
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
The professor wants to narrow it down to one or two wars that have affect global economies.
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
Induced investment: It is a type of investment that is of profit motive in nature.
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.
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