Balance of trade
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Expert
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.
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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?
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Problem related to direct foreign China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
The professor wants to narrow it down to one or two wars that have affect global economies.
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
Define foreign exchange: It is the currency other than domestic currency.
18,76,764
1937561 Asked
3,689
Active Tutors
1421552
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!