Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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.
Which transactions find out the balance of trade? When the balance of trade is in surplus?
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Peanut butter, jelly sandwiches and tuna fish sandwiches are replacements. Assume an international agreement decreased the worldwide catch of tuna by half. The equilibrium price of grape jelly would be: (1) Increases while the equilibrium quantity is reduced. (2) Drop
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
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
Who won the Nobel Prize for Economics in 1997?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
18,76,764
1954148 Asked
3,689
Active Tutors
1450894
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!