Supply of foreign currency depends upon: (2024)

Q. ___________ is a record of all economic transaction made between the residents of one country with the residents of the rest of the world.

Q. A country can make its exports to foreign countries cheaper with which of the following methods?
[Pick up the correct statement(s).]
A. Reducing their domestic prices
B. Reducing the foreign exchange rate on its money (devaluing currency)
C. Putting a ban on import of foreign goods

Q. The difference between value of goods sold by the residents and firms of home country to foreigners and value of goods purchased by them from foreigners is called ___________.

Q. ______ is a systematic record of all the economic transactions between one country and rest of the world.