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why currency boards t accounts dont have domestic assets ( government debt)
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- what is the cause of cryprto currencies downfall in the last two years?Eurodollar deposits constitute what?The home page of the International Monetary Fund (IMF), www.imf.org, provides IMFrelated news, their contracts, and an update on their most recent activities. Use this web page to find out about current IMF loans to its member countries.
- © Macmillan Learning The financial account records international transactions involving: high-value items, such as luxury autos, fine art, and jewelry. financial assets and "real" assets, including property and structures. corporate assets such as equipment, machinery, and other forms of capital. O goods and services sold on credit.What is legal tender money plus What is fiduciary money?What are the differences of currency and money?
- How to transfer funds from one bank to another bank? (Interbank and external bank)During the year 2018, the following information was reported by the Serbia (Thousands USD): Exports of goods Imports of goods Exports of services Imports of services Foreign direct investments Direct investments abroad 2,350,000 Acquisitions of non-financial assets 4,150,000 Capital transfers to homeland 450,000 300,000 250,000 55,000 Transfer, Credit Transfer, Debit Decrease in Official reserves 280,000 420.000 440,000 130,000 90,000 Required: Use the above information to calculate: a. Balance on current account? b. Balance on capital account? c. Balance on financial account? d. Does Serbia balance of payments show a deficit, a surplus, or are its international payments accounts in balance?I got confused with this one and thought the transaction would not be recorded in the balance of payment because it doesnt say that the new jersey company is owned by a foreign resident. Since both New York and New Jersey are within the same country, the transaction would not involve any international trade or financial flows that affect the balance of payments of the United States. Thats what I thought but I am not sure
- 21. Can a numeraire last if its home country does not have strong economic added value outside of the stability of its currency?Money is commonly defined as A generally accepted medium of exchange. A U.S. dollar. Paper currency and coinage. Precious metals.Foreign exchange markets serve an important function in society and the global economy. They allow for currency conversions, facilitating global trade (across borders), which can include investments, the exchange of goods and services, and financial transactions. Use examples to explain the three main reasons for holding foreign currency.