Define flexible exchange rate
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
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Who rediscovered Bachelier’s thesis?
The professor wants to narrow it down to one or two wars that have affect global economies.
Which transactions find out the balance of trade? When the balance of trade is in surplus?
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
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
Who won the Nobel Prize for Economics in 1997?
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
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