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.
Who rediscovered Bachelier’s thesis?
5. What are the factors responsible for the recent surge in international portfolio investment?
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Calculating value of imports Calculate Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
safeguard against the crisis of confidence in system explain
Who was 1970 Nobel Laureate in Economics?
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
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