Define induced investment
Induced investment: It is a type of investment that is of profit motive in nature.
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
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.
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
Explain the Economic environment in Australia and Internationally and their factors which affect them?
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Components of capital account of 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.
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.
Who rediscovered Bachelier’s thesis?
market structure and price-output determination
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
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