Wars that have an impact on Global Economies
The professor wants to narrow it down to one or two wars that have affect global economies.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
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
Who was responsible for setting the tone for following generations of economists?
Who rediscovered Bachelier’s thesis?
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
what are the techniques of balance of payment?
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
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