Describe the meaning of deficit in BOP
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
If a Hawaiian can produce 50 bushels of either potatoes or pineapples per acre, whereas an Idahoan manages just 3 bushels of pineapples or 30 bushels of potatoes per acre, then: (1) Idaho’s absolute drawbacks prevent gains from specialization and exchange. (2) T
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.
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
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
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.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Wars that have an impact on Global The professor wants to narrow it down to one or two wars that have affect global economies.
The professor wants to narrow it down to one or two wars that have affect global economies.
safeguard against the crisis of confidence in system explain
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