The imports is the source of demand for dollars in the foreign currency exchange market in an open economy.
Given that there is an open economy and there is need of foreign currency exchange market.
We are required to tell what is the source of the demand for dollars in the foreign currency exchange market.
The foreign exchange market is basically an over-the-counter marketplace that determines the exchange rate for global currencies.
An open economy is basically a type of economy where not only domestic factors but also entities in other countries engage in trade of products.
The amount of dollars are needed for the payment of the imports made by the public or government. In this way demand of dollars increases.
Hence the imports is the source of demand for dollars in the foreign currency exchange market in an open economy.
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Answer:
need based
Explanation:
Need based aid is offered to low-income families. However, the person has to provide some information on his or her family's financial background to prove that he/she is eligible for financial aid.
Answer:
how long of an paper are you looking for?
Explanation:
leghth size or paragraph sized
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civilization vs the wild natural law
Explanation:
. For the first time there was a scientific theory, which suggested that human beings as well as animals have natural instincts which are merely things passed down through the genetic code. In The Call of the Wild, London dwells a great deal on animal instinct, for Buck's ability to listen to his instinct both makes him more and more powerful and draws him more and more deeply towards the wild. When Buck leads the team into …
Explanation:
Which factors? I am pretty sure we need a picture for this?
