State whether the following items constitute demand or supply of forei – InterviewSolution

1.

State whether the following items constitute demand or supply of foreign exchange: 1. donation of 500 million dollar received from Microsoft , 2. Import of goods from China ,3. Indian student going to Australia for MBA, 4.Indian going to USA for medical treatment

Answer»

Answer:

Demand for Foreign EXCHANGE: (i); (iii); (iv); (vi); and (VII).

Supply of Foreign Exchange: (ii); (v).

Explanation:

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