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
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Must home production be defended to Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
What challenges are facing lone mill mine and what strategies can be used
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
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