International product life cycle
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
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.
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
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 explained micro and macro economics?
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.
18,76,764
1947481 Asked
3,689
Active Tutors
1415604
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!