Describe balance of payment Accounts
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.
Who explained micro and macro economics?
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
Who was 1970 Nobel Laureate in Economics?
What challenges are facing lone mill mine and what strategies can be used
Peanut butter, jelly sandwiches and tuna fish sandwiches are replacements. Assume an international agreement decreased the worldwide catch of tuna by half. The equilibrium price of grape jelly would be: (1) Increases while the equilibrium quantity is reduced. (2) Drop
Analyse free trade and discuss the role of international organisattions in regulating trade between countries. How the control of trade has impacted positively or negatively on a company of your choice
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
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