which of the following is a flow concept : a) foreign exchange reserve b)inventory c) captial d) exports
Answers
Answer:
A). Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets
B). a detailed list, for example of all the furniture in a house
C). Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. Capital can also be associated with capital assets of a company that requires significant amounts of capital to finance or expand.
D). An export in international trade is a good or service produced in one country that is sold into another country. The seller of such goods and services is an exporter; the foreign buyer is an importer. Export of goods often requires the involvement of customers authorities.
Explanation:
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