Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
safeguard against the crisis of confidence in system explain
Define foreign exchange: It is the currency other than domestic currency.
5. What are the factors responsible for the recent surge in international portfolio investment?
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
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
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Who explained micro and macro economics?
Who was 1970 Nobel Laureate in Economics?
‘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?’
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
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