In commodity market, the foreign exchange rate is determined as per
A. equilibrium rate of foreign exchange
B. comparative price of foreign currency
C. demand and supply of foreign currency
D. SDR
Answer: Option C
A. equilibrium rate of foreign exchange
B. comparative price of foreign currency
C. demand and supply of foreign currency
D. SDR
Answer: Option C
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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