Define flexible exchange rate
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Define foreign exchange: It is the currency other than domestic currency.
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
What challenges are facing lone mill mine and what strategies can be used
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
Who was 1970 Nobel Laureate in Economics?
Who won the Nobel Prize for Economics in 1997?
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
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