Briefly explain any one component of the capital account

Q: Why do currencies float? What causes currencies to appreciate? And what causes currencies to…

A: Currency is defined as anything that is widely accepted to have value as a medium of exchange for…

Q: A New Yorker travels to New Jersey to buy a $100 telephone answering machine. She pays for the…

A: The balance of payments (BOP) is a summary of all economic transactions that took place over a…

Q: as to decide between buying a one year CD ertificate of deposit) from a bank in the US or ne in…

A: Here, we calculate the given as follow;

Q: 5) Give 3 alternative methods of saving besides traditional US currency that interests you and…

A: Answer: Following are the three alternative methods of saving besides keeping traditional stock of…

Q: The Chinese yuan/RMB is not a widely used currency for trade or investment purposes. Why is this?…

A: The Chinese yuan was formerly tied to the US dollar for several years. This strategy maintains the…

Q: Changes or variations in Foreign Exchange Rates can create a lot of uncertainties for businesses. As…

A: Most businesses import and export their goods all over the world because we live in a global…

Q: Write a essay about why El Salvador should NOT adopt bitcoin as a legal tender and listen to the…

A: El Salvador has become the first country in the world to adopt Bitcoin as legal tender, a move that…

Q: If $1 USD = $1.09 CAD (Canadian dollar), which country has a stronger currency today? How do you…

A: Macroeconomics is important for a country and so is microeconomics an important part of people's…

Q: closing case Megahertz Communications Established in 1982, U.K.-based Megahertz Communications…

A: Since you have posted multiple questions, we will solve first question for you. In case you want…

Q: 1. In an international economy of perfectly substitutable currencies, an increase in the stock of…

A: International economics is concerned with how disparities in consumer choices and productive…

Q: How does Micro Credit overcome foreign exchange rate risk?

A: Managing foreign exchange risk is becoming a more pressing issue for Microfinance Institutions…

Q: Use the Japan currency and describe its value relative to the Canadian dollar. Is it under or…

A: 0.010 Canadian Dollar = 1 Japanese Yen.

Q: I got confused with this one and thought the transaction would not be recorded in the balance of…

A: - New Yorker buys a $100 telephone answering machine in New Jersey . The New Jersey company deposits…

Q: Is there a term that defines how the country accounts for all product things that are not yet final?

A: The Gross Domestic Product or the national income is the value of all the final goods and services…

Q: UK Pound D $1.34 Turlkish Like CO 14

A: Each country has their own currency and it value. Country K ‘s currency is pound while Country U’s…

Q: What does Foreign Exchange mean? Why do we see currency fluctuations?

A: Foreign exchange is term used in the international economics. The term related to currency exchange…

Q: Country Switzerland Australia Belgium Singapore Finland Germany South Korea Kuwait Vietnam Russia…

A: The currency market's importance in economics lies in its substantial influence on inflation,…