When a direct quote of the home currency or any other currency is not available in the forex market, it is computed with the help of exchange quotes of others pairs of currencies, is referred to by which one of the following?
A. Cross rate
B. Arbitrage rate
C. Transaction rate
D. Translation rate
Answer: Option A
Related Questions on International Finance and Treasury
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
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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