Foreign trade: foreign exchange and balance of payments
A Foreign exchange market is a market in which currencies are bought and sold. It is to be distinguished from a financial market where currencies are borrowed and lent. Foreign exchange consists of gold, foreign. currencies ...
Foreign trade: foreign exchange and balance of payments the case of Ghana
Ghana is virtually a one-export economy (cocoa) and the largest producer of that export (40%). After it comes Nigeria (20%) and South America (including Brazil) (12%). Although the world market for cocoa is a fluctuating ...