Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
Normal 0
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
Who explained micro and macro economics?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
18,76,764
1941933 Asked
3,689
Active Tutors
1419703
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!