Which exchange commenced trading in currency in 1982
A. Philadelphia
B. Mexican peso
C. Bimsetallism
D. Smithsonian
Answer: Option A
Solution(By Examveda Team)
Philadelphia exchange commenced trading in currency in 1982. In 1982, stock exchanges of Montreal and Philadelphia introduced standardised currency options. Thereafter, Chicago Mercantile Exchange, LIFFE of London, Sydney Futures Exchange, MATIF of Paris and some others started trading in standardised currency OptionsRelated 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
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B. Direct Foreign Investment
C. Exports
D. Privatization
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