International product life cycle
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Who won the Nobel Prize for Economics in 1997?
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.
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
‘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?’
Induced investment: It is a type of investment that is of profit motive in nature.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Lone mill mine What challenges are What challenges are facing lone mill mine and what strategies can be used
What challenges are facing lone mill mine and what strategies can be used
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