Rise in the exchange rate-always good news
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
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The result of exchange rate modifications on imports and exports and how such changes have various effects on business and the economy in booms and recessions.
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Who won the Nobel Prize for Economics in 1997?
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Who was 1970 Nobel Laureate in Economics?
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
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