Kind of exchange rate
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
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The Flexible exchange rate has no official intervention. This is recognized by the interaction of demand and supply in the foreign exchange market.
Who was responsible for setting the tone for following generations of economists?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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5. What are the factors responsible for the recent surge in international portfolio investment?
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
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
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Who won the Nobel Prize for Economics in 1997?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
The professor wants to narrow it down to one or two wars that have affect global economies.
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