Define balance of payment or BOP
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.
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
5. What are the factors responsible for the recent surge in international portfolio investment?
Who explained micro and macro economics?
Induced investment: It is a type of investment that is of profit motive in nature.
The professor wants to narrow it down to one or two wars that have affect global economies.
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Who was 1970 Nobel Laureate in Economics?
Define foreign exchange: It is the currency other than domestic currency.
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
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