Question
(1). Why individuals and companies buy foreign currencies? (2).Explain how a rise in an exchange rate would impact national income. (3). Explain the concept of
(1). Why individuals and companies buy foreign currencies?
(2).Explain how a rise in an exchange rate would impact national income. (3). Explain the concept of 'deficit' in balance of payments.
(4). Discuss how important balance of payment for a country like Ghana
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
