foreign payments

What Is FERA And FEMA In Economics?

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What Is FERA And FEMA In Economics? FERA was conceived with the notion that Foreign Exchange is a scarce resource. FEMA was conceived with the notion that Foreign Exchange is an asset. FERA rules regulated foreign payments. FEMA focused on increasing the foreign exchange reserves of India, focused on promoting foreign payments and foreign trade.

How Does One Country Give Money To Another Country?

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How Does One Country Give Money To Another Country? Countries may provide aid through capital, food, supplies, and services such as humanitarian aid and military assistance. Developed nations may provide developing nations with foreign aid after a natural disaster, times of conflict, or during an economic crisis. How are international payments made? Payments in international