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!
Explain the mechanism which restores the balance of payments equilibrium when it is disturbed under the gold standard.
Answer: The adjustment mechanism within the gold standard is considered to as the price-specie-flow method expounded by David Hume. Within the gold standard, a balance of payment disequilibrium will be corrected through a counter-flow of gold. Assume that the U.S. imports much more from the U.K. than it exports to the latter. Within the classical gold standard, gold that is the only means of international payments, will flow from the U.S. to the U.K. The result of it is the U.S. (U.K.) will experience a decrease (increase) in money supply. As result the price level will tend to fall in the U.S. and rise in the U.K. As a result, the U.S. products become much more competitive in the export market, whereas U.K. products become less competitive. This change will enhance U.S. balance of payments and at similar time hurt the U.K. balance of payments, eventually eliminating the basic BOP disequilibrium.
If the issuer company is taken over, then the bondholders are likely to suffer. It is due to lowering of the stock prices in the market as a post takeover effect.
what are the basic assumptions of financial management?
Bond's potential returns are calculated using measures like Yield to Maturity (YTM) and cash flow yield. Both these measures are not free from s
Using an appropriate 'factor model', assess (a) the performance of the management in creating value for shareholders and (b) the extent of the foreign exchange exposure of a FTSE10
Determine the operating cash flow: E4-1 The installed cost of a new computerized controller was $65,000. Calculate the depreciation schedule by year assuming a recovery period
what is operating lease, its features, advantages, its applicability
Compound options are usually cheaper than vanilla options and we know that there are four main types of compound options: a call on a call; a put on a call; a call on a put; a put
Corporation - Form of doing business pursuant to a charter granted by a state or federal government. Corporations mainly are characterized by the issuance of freely transferable CA
Auction Technique Auction is the most common method to sell Government Securities. Other methods include tap sales, syndication and book building process. Presently many countr
The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income
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