External Sector
Consider the following:1. Foreign currency convertible bonds2. Foreign institutional investment with certain conditions3. Global depository receipts4. Non-resident external depositsWhich of the above can be included in Foreign Direct Investments?
Consider the following statements:The effect of devaluation of a currency is that it necessarily1. improves the competitiveness of the domestic exports in the foreign markets2. increases the foreign value of domestic currency3. improves the trade bal...