Multiple Choice
____________Theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
A) irp
B) ppp
C) fishers
D) marshalls
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: If IRR > WACC, then the Project
Q6: An account which is held within a
Q7: If spot USD/INR is 50, and six
Q8: _ frames rules and guidelines for Forex Business
Q9: _is a market where foreign currencies are
Q11: _ contacts are bilateral contracts.<br>A)forward<br>B)futures<br>C)options<br>D)swaps
Q12: _is the smallest unit by which a
Q13: 100 INR/JPY is an indirect quote for
Q14: _can authorize a person/company to deal in
Q15: _ is a negotiable instrument issued by a