Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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
Who explained micro and macro economics?
Explain all the approaches of Paul Samuelson.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Let us suppose that US gasoline market has the demand and supply curvesQd = 10 – 0.5PdQs = -2 + Ps when Ps ≥ 2 and Qs = 0 if Ps < 2, Q : Influence of demand in exchange rate If If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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