Decrease in value of domestic currency to foreign currency in fixed exchange rate system is called :

Under dirty floating system, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. Therefore, official reserve transactions are:

The reserve bank sells foreign exchanges when there is a deficit in the balance of payment. This sale is called?

Under a flexible exchange rate, when the price of domestic currency in terms of foreign currency increases is called?

Identify the correct statements with respect to current account:

A. Balance of trade is the difference between export and import of goods in given period of time.

B. Current account records all international transactions of assets.

C. Trade in services includes factor income and non-factor income transactions.

D. Current account is in balance when capital inflows are equal to capital outflows.

Choose the correct answer from the options given below:

When an individual buys foreign goods, this spending is known as .....

Which of the following is not an example of Net Invisible items?

1. Banking
2. Shipping
3. Machinery
4. Tourism