What is Uruguay Round ?

Q: breifly explain (minimum 2000 words) Do you think the European Union needs a common security policy?…

A: European Union is an organization that was formed with the purpose of promoting peace and stability…

Q: How will the Russian-Ukraine war affect European union ? and what actions should be taken by…

A: On February 24, 2022, Russia attacked Ukraine. The invasion, which is widely regarded as an act of…

Q: According to Baxter-Moore what are the 9 policy instruments? Explain each instrument in short.

A: Baxter-Moore what are the 9 policy instruments:- 1. Suasion Policies - The term suasion to represent…

Q: What problems can devaluation cause in the economy?

A: The devaluation is the process of official lowering of the value of the currency of the economy. For…

Q: What was the gold standard, and why did it collapse?

A: The exchange rate refers to the price of one nations' domestic currency in terms of another nations'…

Q: According to the video entitled "The Bretton Woods Monetary System", after the Bretton Woods…

A: 1. Delegates from 44 countries negotiated the Bretton Woods Agreement in July 1944 at the United…

Q: What is the foreign repercussion effect?

A: Consider two hypothetical large countries, A and B. The two countries are trading partners, i.e.,…

Q: Q.4 The Asian Development Bank (ADB) has warned that a BoP crisis is imminent in Pakistan, if its…

A: IS-LM-BP Model Based on the above information and facts provided in the case study or article…

Q: What happens to current account and domestic prices when rand appreciates against the dollar

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: In your own words, answer these questions: What is Foreign Exchange Black Market and how it…

A: Economics was introduced to bridge the gap between equity and equality. With scarce resources and…

Q: Can a numeraire last if its home country does not have strong economic added value -utside of the…

A: Currency of country is the monetary amount of money that is used to purchase goods and services in…

Q: What is Globalization and Financial Markets? Explain in detail.

A: Globalisation is interconnection between various parts of world which result in expansion of global…

Q: How the Bretton Woods system works. Why did it fall?

A: Bretton Woods Agreement is introduced in 1944, It helps to shape a global economy in Post world war…

Q: Which of the following lead to creation of the EMU (European Monetary Union)? O Masstricht Treaty O…

A: The European Monetary Union (EMU) entails the coordination of economic and fiscal policies, a joint…

Q: Explicate the central banks role in the administration of exchange control?

A: The central bank of the country is the apex bank of the country which regulates all commercial banks…

Q: explain are exchange rate volatility good or bad?

A: Concepts: Exchange rate: It refers to the price of one currency compare to the price of another…

Q: What is the function of the International Monetary Fund?

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Adam Smith would have been a proponent of goavernments manipulating their currency. O True O False

A: Adam smith believed that the government should not interfere in free market.  Smith believed that…

Q: b. Salt was used in many European countries as a medium of exchange. c. For a brief time, Germany…

A: please find the answer below.

Q: Are international reserve needs different for different exchange rate regimes? Explain.

A: Exchange rate regime Exchange rate regime can be defined as a way through which a country manages…

Q: Maximizing currency conversion is one of the keys to success for international exposure. Which are…

A: Macroeconomics is a sub-part of economics that is used to understand, the policies and fiscal…

Q: How do individuals of one nation trade money with individuals of another nation

A: International trading refers to exchange of goods, services, and capital across borders. It reflects…

Q: What three factors determine whether two economies with separate fiscal and monetary authorities…

A: To facilitate trade between the United States, Canada, and Mexico, the North American Free Trade…

Q: a) Using the following information, determine each one of the theoretical Exchange Rat (E.R.)…

A: International Fisher Effect is a concept which determines the expected changes in future exchange…

Q: How do economic forces facilitate the deepening of globalization?

A: Globalization: - globalization is the process of integration of different countries with each other…

Q: What is the role of GATT in International Business?

A: International Trade is defined as the exchange of goods and services between two or more countries.…

Q: Would the existence of more EXIM banks contribute to increased international trade within the…

A: EXIM stands for "Export-Import Bank", whose major function is to ensure the smooth flow of…

Q: Critically analyse whether competition in the financial and banking system is good for the global…

A: Financial market: A financial market is a word that depicts a commercial center where securities,…

Q: Describe Develop Policy Compliance?

A: The policy comprises a set of ideas of what should be done to handle a particular situation.

Q: IR scholars agree that the bipolarity of the cold war produced an unstable international system.…

A: IR scholars believed that the fall of the USSR had left the world into the most problematic and…

Q: Define costly trade credit

A: A trade credit is an agreement between businesses where purchase of goods can be transacted on…

Q: How would you expect financial markets, or exchange rates to respond to inflation

A: In an economy, any change in inflation rate will have a significant effect on economic drivers such…

Q: Explain how companies can profit from currency exchange. What is this called?

A: Currency exchange is a licenced business that offers currency exchange services and is known as a…

Q: Why did gold standard collapse?

A: Gold was used as the store value of money and it is the standard according to which value of any…

Q: What do you think is the significance of concept on foreign reciprocity?

A: International trade is a very important concept of economics which forms a very important part of…