What does a deficit in balance of trade point out
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
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.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
5. What are the factors responsible for the recent surge in international portfolio investment?
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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