Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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.
Question 1 Household Tools Co. is a manufacturer of microwave ovens. The manufacturer wants to increase the shelf life of their products. Past records indicate that the average shelf life of their microwave ovens is 240 days. After a new line of microwave ovens has been d
Can someone help me in determining the right answer from the given options. The economic growth in a country is least possible to occur as a result of: (1) Advances in the technology (2) Rises in rates of saving and investment. (3) Enhancements in its
market structure and price-output determination
safeguard against the crisis of confidence in system explain
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
‘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?’
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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