International trade and finance problems solutions by live tutors

June 21, 2012 - PRLog -- International trade and finance is of prime importance as it helps in growth of the business. As you know in the past most of the financial markets had a physical centre or say trading floor, where dealers met to transact their trade by "out cry" method. Despite its lack of a physical centre, the forex market is still a market, in the sense-that It is a system for bringing buyers and sellers together and for supplying in formations about prices and trading activity to participants. The foreign exchange market or forex market is the market where one currency is exchanged or traded for another currency. There are domestic and intemational foreign currency markets. Domestic foreign currency markets serve the foreign currency buying, selling, borrowing and lending needs of residents whereas intemational markets serve non-residents also. Much of the foreign currency lending and borrowing take place in the Euromarkets. Currencies are also traded in other forms as "derivative contracts" such as currency swaps, options and futures. These are more sophisticated instruments for trading in foreign currencies.
Direct Quotation is the price of one unit of a foreign currency quoted in terms of the home country's currency. For instance, a quotation of Rs. 43.50 per dollar in New Delhi is a direct quotation for rupee.

Indirect Quotation is just the reverse. It is the price of one unit of the home country. In other words, it is the amount of foreign currency that you can buy using one unit of your own currency you will notice here that the direct and indirect quotations are reciprocals of each other.

For students to know the indepth details about the finance subject, they should consult the experts of this field for this purpose. These experts are available on  online tutoring websites and they give online chat as well as they provide online assignment help to the students which is of prime important  for the students to get good grades in their examinations. Students can get this help by paying a nominal fee and then can get full access to these websites. They can get this support by paying a nominal fee and by paying this affordable fee they can get the best out of the experts which will help them to build up their career in the finance subject.

http://www.expertsmind.com/finance-homework-assignment-he...