techniques
what are the techniques of balance of payment?
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Define fixed exchange rate Fixed Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
safeguard against the crisis of confidence in system explain
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
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.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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