Bretton Woods’s system programmed to eventual demis
Comment over the below proposition: “One can say that Bretton Woods’s system was programmed to the eventual demise”.
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Explanation to this proposition is related to Triffin paradox. Underneath gold-exchange system, reserve-currency country must run the BOP deficit in order to provide the reserves to economy of the world, however if deficits are huge and persistent, they may lead to the confidence crisis within the reserve currency itself, finally resulting the downfall of system.
In contrast to the U.S., Japan has observed constant current account surpluses. What would be the major reasons for such surpluses? Is it advantageous to have constant current account surpluses?
Give a short introduction about the term uniform costing?
Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?
Distinguish between retail or client market and wholesale or interbank market for foreign exchange?
What did Freedmen’s Bureau do?
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Intangible assets: It is the asset that is not visible however we can feel them. The main examples of these assets are goodwill, patent and trade marks.
How many kinds of fixed asset are there in accounting? What are they?
Accounts Payable: It is an accounting entry which symbolizes an entity's obligation to pay off a short-term debt to its creditors. Accounts payable entry is found on balance sheet beneath the heading current liabilities. Accounts payable are frequentl
Need for valuing goodwill: If the mutual rights of the partners modifies then the party which makes a sacrifice should be compensated. This basis of compensation is goodwill therefore we require calculating goodwill. Mutual rights change beneath follo
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