write short notes on autonomous transactions and accommodating transac
distinguish between autonomous transactions and accommodating transactions under balance of payments
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
Define foreign exchange: It is the currency other than domestic currency.
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.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : International monetary system safeguard safeguard against the crisis of confidence in system explain
safeguard against the crisis of confidence in system explain
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
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.
Who was responsible for setting the tone for following generations of economists?
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
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