Which among the following statements is not true relating to 'Crawling Peg System' of exchange rate?
A. It was introduced as an alternative to the adjustable peg system
B. It allows a narrow margin of fluctuations as compared to adjustable peg system
C. It takes a position in between the fixed exchange rate system and the flexible exchange rate system
D. It was introduced by IMF in 1971
Answer: Option B
This Question Belongs to Management >> 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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