Objectives of Bretton Woods’s system
State main objectives of Bretton Woods’s system?
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Main objective of Bretton Woods’s system are to accomplish stability of the exchange rate and advance the international trade and development.
Describe Short Holding Period briefly with suitable example?
Assume that pound is being pegged to the gold at 6 pounds per ounce; on the other hand the franc is being pegged to the gold at 12 francs per ounce. Which, of course, states that equilibrium exchange rate must be the two francs per pound? If existing market exchange r
Explain why depreciation is not charged on land?
Liabilities mean the amount which the firm owes to the outsiders. Liabilities are of two types: -Long term liabilities & Short term liabilities. Examples of long term liabilities are long terms loans, bonds etc. & examples of short term liabil
What an investor should consider before investing in dual currency bonds?
General Motors exports the cars to Spain however the strong dollar against the peseta, hurts the sales of GM cars in the Spain. In Spanish market, GM faces the competition from the French and Italian car makers, like Renault and Fiat, whose currencies stays stable wit
Accounts Payable: It is an accounting entry which symbolizes an entity's obligation to pay off a short-term debt to its creditors. Accounts payable entry is found on balance sheet beneath the heading current liabilities. Accounts payable are frequentl
Explain the term Contingent Liabilities?
Define Sole Trade in brief?
Explain internalization theory of the FDI. Specify the strength and weakness of this theory?
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