techniques
what are the techniques of balance of payment?
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Question 1 Household Tools Co. is a manufacturer of microwave ovens. The manufacturer wants to increase the shelf life of their products. Past records indicate that the average shelf life of their microwave ovens is 240 days. After a new line of microwave ovens has been d
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
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Exchange rates-a question of demand and ‘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?’
‘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?’
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
18,76,764
1948067 Asked
3,689
Active Tutors
1438439
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!