Describe the two sources of supply of foreign exchange
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
Define foreign exchange: It is the currency other than domestic currency.
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Question 1: The financial crisis that hit the United States first and then the world economy starting in fall 2007 meant that the future prospects of many firms looked gloomy at best for some time. Comment on the e
distinguish between autonomous transactions and accommodating transactions under balance of payments
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Explain the Economic environment in Australia and Internationally and their factors which affect them?
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