Balance of trade
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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Exports of goods and imports of goods find out BOT. Whenever the value of exports of goods is bigger than the value of imports of goods.
what are the key callenges to indian economic development
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
Who explained micro and macro economics?
Normal 0
Who was 1970 Nobel Laureate in Economics?
Explain all the approaches of Paul Samuelson.
5. What are the factors responsible for the recent surge in international portfolio investment?
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
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