Sources of demand for foreign currency

State main sources of demand for foreign currency?

Answer: The four main sources of demand for foreign currency are as follows:

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 cogitate on the value of foreign currencies

View Complete Question

Related Questions in Macroeconomics

Q : Total revenue when price modify When

When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help

Q : Example of microeconomic issue Hey

Hey friends i need your support for justify the problem that is given below: If the United Auto Workers Union acquires benefit package and a large wage from GM, Ford, and Chrysler which increases the cost of U.S. cars, it is a

Q : Consumer Surplus definition Can someone

Can someone help me in finding out the right answer from the given options. The basic difference between the dollar amounts people would willingly to pay for a particular quantity of a good and the amounts that they do pay at a particular market price is termed as: (1

Q : Fiscal Monetary changes With the

With the general equilibrium framework in place, the stage is now set for introducing fiscal and monetary changes and analysing their effects on the general equilibrium. We will first introduce a fiscal change in the form of increase in deficit-financed expenditure, a

Q : Fiscal deficits What are the causes of

What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects of the resulting government borrowing? For example – Greece/Ireland/Portugal/Spain situation and the large def

Q : What are the strength and weakness What

What are the strength and weakness of using per capital national income? give explained answer for query

Q : Receipts from taxes Why are receipts

Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor r

Q : Explain reason why land Land, capital

Land, capital and labor are all scarce since: (1) advertising mainly over stimulates human wants. (2) once employed they cannot be used again. (3) each productive resource needs a monetary return for its employ. (4) inheritance under a capitalism prot

Q : Limitation of credit availability What

What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls

Q : Market demand curve for new houses The

The market demand curve for latest houses would rise in response to a rise in: (1) construction technology. (2) The costs of lumber. (3) Housing prices. (4) Legal price ceilings on rental properties. (5) Expectations regarding future housing prices.

Discover Q & A

Leading Solution Library

Avail More Than 1430833 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1942217
Asked

3,689

Active Tutors

1430833

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment