Wars that have an impact on Global Economies
The professor wants to narrow it down to one or two wars that have affect global economies.
Who won the Nobel Prize for Economics in 1997?
Who explained micro and macro economics?
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Induced investment: It is a type of investment that is of profit motive in nature.
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
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.
‘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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