Define flexible exchange rate
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
what are the key callenges to indian economic development
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Describe the meaning of deficit in BOP Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Induced investment: It is a type of investment that is of profit motive in nature.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
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.
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
18,76,764
1931165 Asked
3,689
Active Tutors
1455359
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!