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Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
Define Venture Capital.
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Answer

Venture capital in the international money market refers to investments in the purchase of foreign exchange in ernational money market with a view to earning profits. Fixed exchange rate system discourages such investments.

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