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!
Change in Currency Rate
Change in the sterling currency rate has also great consequences because it depends upon the sterling currency rate to the other countries as well. As end of the day if will have significant effect on the import and export. If the sterling rate is low considering to the other countries then it is obvious that we will import goods from the other countries and on the other hand if the rate is high then we will hesitate to import goods to the uk because as we will be paying extra money to the other countries .
As for example if the 1 pound rate is equal to the EU euro is 1.77 at the minute which used to be 1.30 euro as few years back. So that's why we have less import to the uk at the moment and that's why the demand is greater than the supply.
This relationship between currency rate and the demand can be shown as aggregate demand formula
AGGREGATE DEMAND = C + I + G (X - M)
Where c is taken as consumer and I is abbreviated as investment and G is Government expenditure. Where x is as export and m is for the import.
How to record shares for a company for a project
Are patterns of trade a problem? Generalising Less Developed Countries have a comparative advantage into primary products and employment intensive manufacturing; Developed Cou
what factors affect the volume of production in an economy
The managing director of Christine plc, a company which specialises in acquiring small businesses, has considered the following potential investments. Only one of these investments
relationship between tfc , tvc , tc
What is Conditionality? Conditionality is the needs imposed onto countries as pre-conditions for loans. Into crisis situations member countries seek assist from the IMF for
QUESTION a) Differentiate between returns to factor and returns to scale. b) In the long-run the Average Cost Curve is u-shaped. Discuss c) Whenever a firm is making loss
What happens during a business cycle of economy, and what can be done about it? Business cycle of economy: a. The consequences of recessions and expansions onto unemploymen
What is the success effectiveness of World Trade Organisation in the promotion of development? Success effectiveness of World Trade Organisation in the promotion of developmen
law of diminishing marginal utility assignment
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd