Define Managed floating rate system
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.
Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
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
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
5. What are the factors responsible for the recent surge in international portfolio investment?
safeguard against the crisis of confidence in system explain
The professor wants to narrow it down to one or two wars that have affect global economies.
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.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
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