User Account

All Pages

What are the impacts of currency devaluation and revaluation

Assignment Help Operation Management
Reference no: EM131943300

Trade Balance and Exchange Rates

A balance of trade (trade balance) is the difference between the monetary values of exports and imports of a country's economic output over a given period of time.

Trade balance can be positive (favorable) when the value of exports is greater than the value of imports. The positive trade balance is also called trade surplus. On the other hand, if the value of imports is greater than the value of exports, the trade balance indicates trade deficit.

Trade balance affects the Gross Domestic Product (GDP) of a country because net export is a component of the GDP. Recall GDP = C + I + G + Nx

Trade balance also affects the exchange rate of a country's currency. Supply and demand for foreign currency result in changing prices of a currency.

The price of a currency changes as demand for a foreign currency changes.

Is it trade deficit or trade surplus that contributes more to economic growth? Why?

What are the factors that increase and decrease the demand for a foreign currency?

What are the impacts of currency devaluation and revaluation on international trade?

What is currency war? How does it affect trade between countries?

needs tp be 300 words

Reference no: EM131943300

Questions Cloud

What is the present value cost of the scholarship : Beginning at the end of this year and continuing indefinitely each year after, a school scholarhsip will pay a different student $6000 a year.
What social or civil institution should be monitoring health : What social or civil institutions should be monitoring health? State your stance on required reporting to international agencies or committees.
What is the impact of free trade on domestic job creation : The gains from specialization and trade are based on comparative advantages, which reflect the relative opportunity costs of production.
Rule relate to communication of acceptance : What is postal acceptance rule and how does this rule relate to communication of acceptance?
What are the impacts of currency devaluation and revaluation : Trade balance affects the Gross Domestic Product (GDP) of a country because net export is a component of the GDP. Recall GDP = C + I + G + Nx.
How many directors could elect under majority rule : The Beasley Corporation has been experiencing declining earnings, but has just announced a 50 percent salary increase for its top executives.
What are the two major strategic group competitors : What are the two major strategic group competitors for Better World Books and what are the significant future actions of each competitor?
Industry attractive for new entrants and for incumbents : In management, what are the most important of the five industry forces affecting Better World Books and what is their effect, high-moderate-low?
Determine the suitable software and hardware needed : Determine the suitable software and hardware needed with an explanation on why it's needed.Identifying security issues as well as how to avoid it.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd