Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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
Explain the Economic environment in Australia and Internationally and their factors which affect them?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
Explain all the approaches of Paul Samuelson.
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