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What is Foreign documentary bill purchase?

A foreign documentary bill purchase is also known as a foreign bill negotiation. It is simply an advance by your bank that helps manage your foreign exchange risk in an export contract.


What is domestic export?

Export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing.


What are the functions of the world's major foreign exchange markets?

Generally, the functions of the world's major foreign exchange markets are to accommodate and determine an exchange rate, which is determined through the basic principles of supply and demand. An exchange rate is essential for a economy due to the potential of economic growth that resides with exports and imports. International trade, foreign investment, the demand for a country's dollars buy exporting firms in the same country (export services as well) and employment are factors needing an exchange rate which allows the above to positively influence an economy.


Did Ghana need to build the akosombo dam so large?

so that she will not have power for only her country but export it to other countries to obtain foreign exchange


What has the author V M Manoharan written?

V. M. Manoharan has written: 'Indian export processing zones and CEPZ' -- subject(s): Free ports and zones, Evaluation, Export processing zones, Foreign exchange


The changing nature of international trade in last 15 years?

International trade has under gone a sea change in the last fifteen years. Exchange of commodities and goods have been superseded by the exchange of information and knowledge. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of information technology. I HOPE IT HELPS U :)


Why do central banks intervene in the foreign exchange markets and what are the reasons behind their decision to do so?

Central banks intervene in the foreign exchange markets to stabilize their country's currency value. They do this to prevent excessive fluctuations in the exchange rate, which can impact the economy. Reasons for intervention include maintaining export competitiveness, controlling inflation, and ensuring financial stability.


What is the primary objective of the Export-Import Bank?

to aid in financing exports and imports as well as facilitating international trade and the exchange of commodities between the United States and foreign countries


What is the advantage of import and export?

I another country does not produce the products that my country produces, I can send my products to that country in exchange for products that they produce that I do not have. .... Simples 2.It ensures a nation earn foreign exchange therefore improving the living standards of that country


What is Corporate FX Risk Management?

Measures the risk in the Foreign exchange market. These changes often occur when there is unanticipated change in the exchange rate between two countries. Companies that are multinational often face this risk as they import and export goods.


What does central bank do to conserve foreing exchange reserves?

Central banks conserve foreign exchange reserves by implementing policies that stabilize the national currency, such as adjusting interest rates or intervening in the foreign exchange market. They may also control capital flows by regulating foreign investments and setting limits on currency exchange to prevent excessive outflows. Additionally, central banks can promote export growth and attract foreign investments to enhance reserves. These measures help maintain a stable economic environment and ensure sufficient reserves for international trade and financial obligations.


What has the author Ali Mezghani written?

Ali Mezghani has written: 'Le cadre juridique des relations commerciales internationales de la Tunisie' -- subject(s): Foreign economic relations, Law and legislation, Export sales contracts, Foreign trade regulation, Foreign exchange