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?
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
I have a problem with the satement “Things will look excellent for the US if we could just get to where we are consistently executing a positive Balance of Payments.” Can someone in short comment on this statement?
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
5. What are the factors responsible for the recent surge in international portfolio investment?
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
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
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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