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
‘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?’
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Define foreign exchange: It is the currency other than domestic currency.
I have a problem with the satement “Things will look excellent for the US if we could just get to where we are consistently executing a positive Balance of Payments.” Can someone in short comment on this statement?
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Define flexible exchange rate Flexible Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
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
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
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