Multiple Choice
According to -------theory, the exchange rate between two currencies is determined by their purchasing power.
A) Purchasing Power Parity
B) Balance of payment theory
C) Mint parity theory
D) Comparative advantage theory
Correct Answer:
Verified
Correct Answer:
Verified
Q1: -------function refer to the function of converting
Q2: When supply of foreign exchange is increased
Q3: The -----------is the largest market in the
Q4: -------has enabled faster growth of the foreign
Q6: The -------rate is determined by the demand
Q7: Interest rate differentials the exchange rate.<br>A)affect<br>B)tandardised<br>C)localise<br>D)neutralise
Q8: Investment in financial assets like shares or
Q9: When demand for foreign exchange increases, the
Q10: Transactions in the foreign exchange market are
Q11: -------is a feature of the foreign exchange