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Which pension fund manager should be chosen in NPS for better return?

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Which pension fund manager should be chosen in NPS for better return?

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governments based their exchange rates on this prior to WWI governments exchanged national currency notes for gold at a permanently fixed rate of exchange because all national currencies were fixed to gold all national currencies were permanently fixed against each other as well this emerged at center of international monetary system during 1870s GB adopted this in early 18th century but other currencies remained based on silver combo of silver and gold network externalities benefit of adopting gold grew in line with number of countries that already adopted gold this exchange rate stability facilitated rapid growth of international trade and financial flows in late 19th century with exchange rates permanently fixed prices in each country moved in response to cross border gold flows prices rose as gold flowed into country and fell when gold flowed out cross border gold flows were driven by quotprice specie flow mechanismquot which generates a balance of payments surplus and this payments surplus would pull gold into US from rest of world an accounting device that records all international transactions between a particular country and the rest of the world for a given period provides an aggregate picture of the international transactions the US conducts in a given year transactions are divided up into 2 broad categories 1 current account records all current nonfinancial transactions between American residents and the rest of world and divided into 4 subcategories a trade account imports and exports of goods including manufactured items and agricultural products b service account registers imports and exports of service sector activities banking services insurance consulting transportation tourism construction c income account registers all payments into and out of US in connection with royalties licensing fees interest payments and profits d unilateral transfer account registers all unilateral transfer from the US to other countries and vice versa among such transfers are wages that immigrants working in US send back to their home countries gifts and foreign aid expenditures by the US gov payments US gt other countries debits other countries gt US credits debits are balanced against credits to produce overall current account balance 2 capital account registers financial flows between the US and rest of world capital outflow when US resident purchases a financial asset a foreign stock a bond or a factory in another country capital inflow every time a foreigner purchases an American financial asset if country has current account deficit must have capital account surplus and if country has current account surplus must have capital account deficit US able to spend more than it earned in come because the rest of world was willing to lend to Am residents and US capital account surplus reflects willingness of other residents of other countries to finance Am
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Which pension fund manager should be chosen in NPS for better return?

Management

Option 1

Low Cost Option

Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

View Answer

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BBC (5.0)

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Google (5.0)

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