0
Add your answer:
Earn +20 pts
What are the sources of supply of foreign exchange?
The supply of foreign exchange of a given country stems from the sale of foreign merchandise, services, and capital to that country. When foreigners want to buy a country's exports, they must purchase it currency with their own. Thus the supply of one country's currency available to a second country is closely related to the demand for the second country's currency. When the demand schedule of a given country for a foreign currency is known, the supply schedule of the foreign country's exchange can be frequently derived from it. BY TAVINDER SINGH CAREER BUILDER C-1503 INDIRA NAGAR,LUCKNOW
Why is currency called the medium of exchange?
Currency is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. In modern economies the medium of exchange is currency. Ref: alpari.com/en/beginner/glossary/
What country has an economy based mostly on the production and sale of energy?
Iran
Who the profits from sale or trade of earns command economy?
the citizens. Everyone in the country.
What is the meaning of importing?
of Import
What are the sources of supply of foreign exchange?
The supply of foreign exchange of a given country stems from the sale of foreign merchandise, services, and capital to that country. When foreigners want to buy a country's exports, they must purchase it currency with their own. Thus the supply of one country's currency available to a second country is closely related to the demand for the second country's currency. When the demand schedule of a given country for a foreign currency is known, the supply schedule of the foreign country's exchange can be frequently derived from it. BY TAVINDER SINGH CAREER BUILDER C-1503 INDIRA NAGAR,LUCKNOW
What is the value of kohinoor diamond in Indian currency?
The Koh-i-noor diamond is priceless, and is not for sale. No official value is currently available for it, in any currency.
Is there a cricket team for sale?
No cricket teams are not for sale. they play for a country.
Why is currency called medium of exchange?
Currency is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. In modern economies the medium of exchange is currency. Ref: alpari.com/en/beginner/glossary/
Why is currency called the medium of exchange?
Currency is an intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. In modern economies the medium of exchange is currency. Ref: alpari.com/en/beginner/glossary/
Is tourism an import or export?
Tourism is considered an export because it involves the sale of services provided to visitors from other countries who spend money in the host country. This brings in foreign currency and contributes to the local economy.
How much does a country cost?
Countries are not for sale.
To send goods out of a country for sale?
export
What are items from one country to another for sale called?
They are exports to the country selling them, imports to the purchasing country.
Why did England forbid the sale of wool sugar and molasses and tobacco from the colonies to other countries?
England was trying to control the currency.
What is the country which has the highest rubber sale in the world?
china
How much does it cost to own a country?
Countries are not for sale.
