techniques
what are the techniques of balance of payment?
Who won the Nobel Prize for Economics in 1997?
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
The French phrase ‘laissez-faire’ almost translates as: (1) Enjoy your leisure. (2) Let the buyer be cautious. (3) All other things held steady. (4) Leave us alone. (5) Labor is a source of all the value. Q : Who explained micro and macro economics Who explained micro and macro economics?
Who explained micro and macro economics?
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Explain all the approaches of Paul Samuelson.
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.
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