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1. How and why a countrys currency rises in value as compared to other country? Explain in details 2. What is meant by BOP of
1. How and why a countrys currency rises in value as compared to other country? Explain in details
2. What is meant by BOP of a country? Can it be negative? If it is what does it mean and what needs to be done in a situation like that?
3. How do IMF and World bank work in order to maintain an economic equilibrium in the world?
4. What is meant by recession and why does it come? Does it have any relation with inflation?
5. What economic criteria you are going to select to decide the prosperity of a country.
Describe at least 3 of them in details.
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