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.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
5. What are the factors responsible for the recent surge in international portfolio investment?
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
Induced investment: It is a type of investment that is of profit motive in nature.
Question 1 Household Tools Co. is a manufacturer of microwave ovens. The manufacturer wants to increase the shelf life of their products. Past records indicate that the average shelf life of their microwave ovens is 240 days. After a new line of microwave ovens has been d
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
18,76,764
1950135 Asked
3,689
Active Tutors
1459071
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!