What 2 points are required to emphasis foreign exchange
What 2 points are required to emphasis foreign exchange market?
Expert
Two points require emphasis with respect to these markets.
1. Real world foreign exchange markets are competitive, with large numbers of buyers and sellers dealing with a standardized product, the currency of some country.
2. Exchange rates link of one country’s domestic prices with all foreign prices. They allow you to interpret the cost of foreign products into dollars.
For example, if the dollar/yen exchange rate is 1 cent/per yen, a Sony T.V. set priced at ¥20,000 will cost an American $200 = (20,000 x .01).
simultaneous method in demand forecasting?
Explain of the law of demand?
“An increase in the American dollar price of the South Korean won implies that the South Korean won has depreciated in value.” Explain.
What are the Examples and Applications of International Trade?
Use the circular flow model to confirm this assertion for an expansion of preschool programs for disadvantaged children?
Advertising costs or persuasive advertising: When the expenses incurred by a find to persuade the potential consumer to present their brands or products as different or better compared to another brands or products is termed as advertising costs or pe
Why an economic problem does arise? Answer: It arises due to following reasons: A) Shortage of resources. B) Alternative utilizations of resources. C) Limitless wants and limited resources.
The perfectly competitive market structure benefits consumers since: w) firms do not generate goods at the lowest possible price within the long run. x) firms are forced through competitive pressure to be as efficient as possible. y) firms add a much
Describe briefly Distinction between the term Component cost and Composite cost?
Evaluate and explain the statements: “The market system is a profit-and-loss economy”
18,76,764
1924407 Asked
3,689
Active Tutors
1431946
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!