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.
Average Fixed Cost (AFC): AFC is the fixed cost per unit of output. AFC = TFC/y Since the TFC is constant throughout the short run, as y increases AFC will decline. Therefore
how do oligopolistic market and monopolistic competition react to change in demand and supply ?
Let''s assume that a monopolist decides to maximize revenue, rather than profit. How does this operating objective change the size of the deadweight loss?
discuss the central economic problem facing survivor group
COBWEB MODEL: Concept of dynamic stability: A market equilibrium is said to dynamically stable only when disequilibrium price and quantity move and over time reach to any eq
marries model
Capital Account: The capital account deals with long and short-term capital movement.These capital movements are referred to as autonomous because they take place for business o
Explain the meaning of the statment "coffee and tea are close substitutes".
summary of general equilibrium
The law of supply is that producers will supply more the higher the price of the commodity. The supply curve is an upward sloping function showing a direct relationship among pric
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