The modern foreign exchange market functions in a system of -------.
A) Fixed exchange rate
B) Gold standard
C) Britton Wood system
D) Floating exchange rate
Correct Answer:
Verified
Q1: In a system of managed float there
Q2: -------is done to overcome uncertainties.
A)Arbitrage
B)Hedging
C)speculation
D)locking
Q3: -------is the opposite of hedging.
A)Arbitrage
B)locking
C)speculation
D)blocking
Q5: Pick out the feature which is not
Q6: In the determination of the exchange value
Q7: The currency used for international transactions irrespective
Q8: Pick out the feature which is not
Q9: -------enables an investor to earn high returns
Q10: Trading in foreign exchange has become fast
Q11: Pick out the feature which is not
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