Introduction - Balance of Payments (BOP) Theory
BOP is yet another important theory of exchange rate determination. It is also known as General Equilibrium Theory.
According to this theory, when there is free market situation, the exchange rates are determined by the market forces i.e. demand for and supply of the foreign exchange. This theory is based on simple market mechanism in which the
Wednesday, 8 September 2010
Balance of Payments BOP Theory - Find Exchange Rate
Posted on 16:31 by Unknown
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment