|
Equilibrium exchange rate |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Equilibrium exchange rateExchange rate at which demand for a currency is equal to the supply of the currency in the economy.Equilibrium exchange rate Similar MatchesEquilibriumEquilibrium1. A state of balance between offsetting forces for change, so that no change occurs. 2. In competitive markets, equality of supply and demand. Two cone equilibriumTwo cone equilibriumA free-trade equilibrium in the Heckscher-Ohlin Model in which prices are such that all goods cannot be produced within a single country, and instead there are two diversification cones. This, or a multi-cone equilibrium, will arise if countries' factor endowments are sufficiently dissimilar compared to factor intensities of industries. Contrasts with one cone equilibrium. EquilibriumEquilibriumThe stable state of the system. See: Attractor. Equilibrium priceEquilibrium priceThe price when the supply of goods matches demand. Equilibrium rate of interestEquilibrium rate of interestThe interest rate that clears the market. Also called the trade-clearing interest rate. Further SuggestionsOne cone equilibriumNash equilibrium Partial equilibrium Equilibrium position Equilibrium level Disequilibrium Multi-cone equilibrium Balance of payments equilibrium Market equilibrium General equilibrium Computable general equilibrium |
|
|
|