Unit-5 Introduction to Global Finance
Trade and Balance of Payment
International trade and balance of payments are critical aspects of a nation's economic framework...
Current Items, Capital Items
Current Account The Current Account is a key indicator of an economy's foreign trade where it rec...
Disequilibrium of Balance of Payments and Rectification
The balance of payments (BOP) is a comprehensive record of all transactions between residents of ...
Components of International Financial Systems
The international financial system is a complex web of institutions, market principles, and finan...
FOREX Market
The Foreign Exchange (FOREX or FX) market is a global marketplace for trading national currencies...
Euro Currency Market
The euro (symbol: €; currency code: EUR) is the official currency of 20 out of 27 European Union ...
IMF and International Monetary System
The International Monetary Fund (IMF) is a crucial global institution that works towards sustaina...
Exchange Rate Determination
Exchange rate determination is a fundamental concept in international finance, referring to the p...
Capital Account Convertibility
Capital Account Convertibility refers to the freedom to convert local financial assets into forei...