Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Induced investment: It is a type of investment that is of profit motive in nature.
market structure and price-output determination
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Find a recent survey about a trade policy issue and assess it, examining the structure of the questions and the target audience. Verify the sample size, assess the methods used to administer the survey and analyze results, identifying the confidence around the results
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
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : State the two sources of demand of State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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