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.
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.
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Explain all the approaches of Paul Samuelson.
Who rediscovered Bachelier’s thesis?
safeguard against the crisis of confidence in system explain
Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
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
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Kind of exchange rate State which kind State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
distinguish between autonomous transactions and accommodating transactions under balance of payments
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