State the two sources of demand of foreign exchange
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Who was 1970 Nobel Laureate in Economics?
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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.
Explain all the approaches of Paul Samuelson.
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
Describe which of the following is a visible and which is invisible item in Balance of payments. (a) Export of jute product (b) Software services exports. Answer: Q : Define induced investment Induced Induced investment: It is a type of investment that is of profit motive in nature.
Induced investment: It is a type of investment that is of profit motive in nature.
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
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