Foreign exchange Determinations Systems
by If a Kashmiri shawlmaker sells his goods to a buyer in Kanyakumari, he will receive in terms of Indian rupee. This suggests that the domestic …
Category: Management Notes
Management Notes of Various Universities across india
Basic Concepts Relating to Foreign exchange
Foreign exchange market is one of the important components of any economy today. It involves currency exchange, remittances, import & export, investments etc. This article …
Various types of Exchange Rate Regimes
There are three broad exchange rate systems—currency board, fixed exchange rate and floating rate exchange rate. A fourth can be added when a country does …
Factors affecting Exchange Rates
1. Inflation Rates Changes in market inflation cause changes in currency exchange rates. A country with a lower inflation rate than another’s will see an …
Brief History of Indian Rupee
Year What Happened 1540-45 Sher Shah Suri issued a Silver coin which was in use during the Mughal period, Maratha era and British India. 1770-1832 …
Mercantilists Trade Theory, Characteristics, Example, Criticism
Mercantilists Trade Theory, Characteristics, Example, Criticism
Absolute cost Theory
Adam Smith is generally ignored as a trade theorist in text books of international economics because of the common belief that he only confirmed the …
Comparative Cost Theory
Eminent economists have said that the comparative cost theory is the basis of international business. It explains that: ”it pays countries to specialise in the production …
Factor endowment Theory
The factor endowment theory holds that countries are likely to be abundant in different types of resources. In economic reasoning, the simplest case for this …
Theory of Capital Movements
The international trade and the movements of productive resources such as labour, capital and technology are substitutes for one another. A relatively capital-abundant country like …
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