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.
Explain all the approaches of Paul Samuelson.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Define foreign exchange: It is the currency other than domestic currency.
5. What are the factors responsible for the recent surge in international portfolio investment?
Who was responsible for setting the tone for following generations of economists?
Explain the Economic environment in Australia and Internationally and their factors which affect them?
Induced investment: It is a type of investment that is of profit motive in nature.
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.
safeguard against the crisis of confidence in system explain
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