Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Explain all the approaches of Paul Samuelson.
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
Analyse free trade and discuss the role of international organisattions in regulating trade between countries. How the control of trade has impacted positively or negatively on a company of your choice
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
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 professor wants to narrow it down to one or two wars that have affect global economies.
Who won the Nobel Prize for Economics in 1997?
Who explained micro and macro economics?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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