The currency used for international transactions irrespective of the importing or exporting country's currency is called -------.
A) Soft currency
B) Bitcoin
C) Vehicle currency
D) value currency
Correct Answer:
Verified
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
Q6: In the determination of the exchange value
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
Q12: The provision of foreign bills of exchange
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