Kind of exchange rate
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Expert
The Flexible exchange rate has no official intervention. This is recognized by the interaction of demand and supply in the foreign exchange market.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
5. What are the factors responsible for the recent surge in international portfolio investment?
Who was responsible for setting the tone for following generations of economists?
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
Who was 1970 Nobel Laureate in Economics?
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
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
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
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.
18,76,764
1947025 Asked
3,689
Active Tutors
1442041
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!