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.
what are the techniques of balance of payment?
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
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
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.
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
Explain all the approaches of Paul Samuelson.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
18,76,764
1935196 Asked
3,689
Active Tutors
1423837
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!