In the determination of the exchange value of a currency, the first currency of a currency pair is called -------.
A) Price currency
B) Hard currency
C) Base currency
D) bitcoin
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
Q4: The modern foreign exchange market functions in
Q5: Pick out the feature which is not
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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