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.
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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.
what are the techniques of balance of payment?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
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
Assume that many people are willing and capable to pay greater than production costs for certain goods however pervasive shortages exist. International agreements or domestic laws and policy are most likely key factors if we consider sustained scarcities in ma
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Question 1: The financial crisis that hit the United States first and then the world economy starting in fall 2007 meant that the future prospects of many firms looked gloomy at best for some time. Comment on the e
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
18,76,764
1957143 Asked
3,689
Active Tutors
1420932
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!