Why Demand for foreign exchange is made
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
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
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
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 which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Which transactions find out the balance of trade? When the balance of trade is in surplus?
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
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.
Explain all the approaches of Paul Samuelson.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
18,76,764
1955819 Asked
3,689
Active Tutors
1446198
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!