Need of foreign currency
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contemplate on the value of foreign currencies.
Why foreign currency or exchange is required?
Answer:
a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contemplate on the value of foreign currencies.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
what are the techniques of balance of payment?
The professor wants to narrow it down to one or two wars that have affect global economies.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
I have a problem with the satement “Things will look excellent for the US if we could just get to where we are consistently executing a positive Balance of Payments.” Can someone in short comment on this statement?
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
Define foreign exchange: It is the currency other than domestic currency.
Who explained micro and macro economics?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
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