Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
EXCHANGE RATES:
The current unit focuses on exchange rates and is a more in-depth study of foreign exchange markets from the perspective of financialeconomics.You have been acquainted with balance of trade and balance of payments and variousapproaches to balance of payments. In the present unit, we get behind these theories and focus on trading of various currencies for each other. We look at foreign exchangemarkets as markets for financial assets and see who the actors in these markets are,what the mechanisms and devices for trade in these assets are, and how the pricesof these currencies are determined.
In the subsequent section we begin with a description and analysis of the workingsof foreign exchange markets. We will see that it is the biggest market for assets andround-the-clock trading takes place. In later part we explain the workings ofdifferent exchange rate regimes, particularly, fixed and flexible, but also their variants.The foreign exchange markets function under flexible exchange rate regime. We see the relative merits of the two systems and explore why many countries gave up thefixed exchange rate regime in 1973. Having explained different exchange rate regimes,we return in section 17.4 to the functioning of foreign exchange markets and explorehow exactly exchange rates (price of one currency for another) are determined in asituation of exchange rate risk, and briefly explore some strategies to deal with theserisks. Finally, we look in detail at the functioning of the exchange rate system ofIndia: how it functions, how it has changed over the years, how exchange controlswere carried out, whether total convertibility of currency is a good idea, and so on.
Disadvantages of division of labour: Division of labour may also have disadvantages that may include the following: (i) Lack of Craftsmanship Division of labour does not m
Indifference Curves: Every consumption-leisure point, (l; c), in the diagram is associated with a unique level of utility. The line II represents the individuals indifference curv
MRP Technique - Estimating the Level of Output for the Target Year Taking into account several parameters of economic growth such as past trends, present as well as proposed
Perfect Competition It's a market where conditions prevail like that buyers and suppliers are without the ability to manipulate price in any significant way such that the marke
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
Capital: Broadly defined, capital represents tools that people use when they work, to make their work more efficient andproductive. Under capitalism, capital can also refer to a su
Q. Explain about Contingent valuation? Evaluation of willingness to pay for a specified environmental resource or a change in the resource, through use of structured questionna
types of market competitions
ADVANTAGES AND DIS ADVANTAGES OF MONOPSONY
Assignment: Externalities •Consider the following scenario: The city council has just approved the construction of a water park in your town. As city economist, you are responsible
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd