What is managed floating exchange rate
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
‘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?’
5. What are the factors responsible for the recent surge in international portfolio investment?
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Explain all the approaches of Paul Explain all the approaches of Paul Samuelson.
Explain all the approaches of Paul Samuelson.
Induced investment: It is a type of investment that is of profit motive in nature.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Define foreign exchange: It is the currency other than domestic currency.
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
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