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Author Question: The price of one country's currency in terms of another country's currency is the (Read 138 times)

chandani

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  • Posts: 541
on: May 25, 2020

Question 1

The following table shows the balances in the three main accounts of a country's balance of payments account:

​Credits (£m)Debits (£m)
Current account10001200
Capital account   10  20
Financial account19001700
How much are net errors and omissions?
◦ +£20m
◦ -£20m
◦ +£10m
◦ -£10m

Question 2

The price of one country's currency in terms of another country's currency is the
◦ currency valuation.
◦ balance of trade.
◦ exchange rate.
◦ terms of trade.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by chandani on May 25, 2020

aburgess

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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chandani

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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