Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
230 views
in Open Economy Macroeconomics by (25.6k points)
closed by

a. Recently the government of UK decided to relax the visa norms to Indian visitors. 

b. The government of India approved a purchase of weapon for Indian defence from rest of the world for an amount of 82000 crores

1. How does these decisions affect the demand for foreign exchange? 

2. Analyse the consequences in the foreign exchange market with the help of a diagram. 

(supply curve of foreign exchange remain the same)

1 Answer

+1 vote
by (27.3k points)
selected by
 
Best answer

1. Demand for foreign exchange increases

2. diagram

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

...