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.
Explain all the approaches of Paul Samuelson.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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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
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Who was responsible for setting the tone for following generations of economists?
distinguish between autonomous transactions and accommodating transactions under balance of payments
Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
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