techniques
what are the techniques of balance of payment?
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
Who explained micro and macro economics?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
Assume that many people are willing and capable to pay greater than production costs for certain goods however pervasive shortages exist. International agreements or domestic laws and policy are most likely key factors if we consider sustained scarcities in ma
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
Autonomous or public investment: It is a type of investment that is not of profit motivated.
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