exchange market B. cross-cultural interchange C. financial barter market D. monetary replacement market E. international currency spot market 3. The rate at which one currency is converted into another is called the ___________. A. replacement percentage B. resale rate C. exchange rate D. interchange ratio E. valuation rate 4. Without the ____________ market‚ international trade and international investment on the scale that we see today would be impossible. A. foreign exchange B. financial barter
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annum. During the last two decades the rate of growth in national income has registered a significant increase. In this period the NNP rose at the rate of 5.4 per cent per annum as against 3.4 per cent per annum during the first three decades of economic planning. The fact remains that the national income has been rising at a rate which is higher than the rate of population growth and this has permitted some accumulation capitol and also a little improvement in per capita consumption. Rise in Per
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make use of finances for investment The rapid rise of these two Asian giants who have combined population of more than 2.4 billion comprising 40% of total and are now racing towards becoming economic super powers is catching attention everywhere. Over the last few decades there has been gradual shifting of economic power centre from the West towards the East. India and China are the world ’s future major powers. At a time when in a global economy‚ affected by the financial crisis‚ most advanced countries
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record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country’s exports and imports of goods‚ services‚ financial capital‚ and financial transfers. The BOP accounts summarize international transactions for a specific period‚ usually a year‚ and are prepared in a single currency‚ typically the domestic currency for the country concerned. Sources of funds for a nation‚ such as exports or the receipts of loans and investments‚ are recorded
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Balance of Payments MEANING : Balance of payment can be defined as systematic record of all economic transactions between the residence of one country and the residence of another country during a given period of time.Economic transactions can broadly be categorized in to four heads which are: 1. VISIBLE ITEMS : visible items include all those tangible goods which can be imported and exported. These are visible as they are made up of some matter or material. this is known as merchandise also.
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agricultural products). -More than 2‚000 bilateral treaties to protect and promote trade and FDI (eg‚ FTA). 2. Technological drivers -Transportation technology. -IT & information technology: microprocessor and telecommunication 3. Economic & cultural drivers. What is economic globalisation? -Globalisation of markets: Merging of separate national markets in one huge global market place. -Globalisation of production & service: Companies sourcing goods/services around the globe to reduce cost and improve
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Introduction to International Economic Law Academiejaar: 2009-2010 Balance- of- payment – exception in the WTO | | |Background | |The WTO is the principal regulator of the commercial pillar of the international economic system. The influence
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W P S (DEPR) : 16 / 2012 RBI WORKING PAPER SERIES Sustainable Level of India’s Current Account Deficit Rajan Goyal DEPARTMENT OF ECONOMIC AND POLICY RESEARCH AUGUST 2012 The Reserve Bank of India (RBI) introduced the RBI Working Papers series in March 2011. These papers present research in progress of the staff members of RBI and are disseminated to elicit comments and further debate. The views expressed in these papers are those of authors and not that of RBI. Comments and observations
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The Lahore Journal of Economics 15 : 1 (Summer 2010): pp. 1-26 The Determinants of Pakistan’s Trade Balance: An ARDL Cointegration Approach Waliullah*‚ Mehmood Khan Kakar‚ Rehmatullah Kakar and Wakeel Khan ** Abstract This article is an attempt to examine the short and long-run relationship between the trade balance‚ income‚ money supply‚ and real exchange rate in the case of Pakistan’s economy. Income and money variables are included in the model in order to examine the monetary and absorption
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Objective This objective of this assignment is to focus on the Foreign Direct Investment in the case of Lenovo Group Limited. There’re three objectives that will be concentrated. 1. To study the effect of foreign direct investment on economic growth. 2. To examine the benefit gained by Lenovo through Foreign direct investment. 3. To study the special risks faced by Lenovo through Foreign direct investment. 1.2. Field of research: 1.2.1 Background Lenovo Furthermore‚ Lenovo Group
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