Flexible exchange rate is based on the concept of
A) Supply
B) Demand
C) Demand and supply
D) None of these
Correct Answer:
Verified
Q7: The members of the IMF are the
Q8: World Bank is also known as --------------------
A)IBRD
B)IFC
C)IDA
D)MIGA
Q9: Balance of Trade is a ----
A)Stock Concept
B)Flow
Q10: Which one of the following items in
Q11: Gold standard is an example of
A)Floating exchange
Q13: A BOP surplus can be corrected through
Q14: BOP deficit can be corrected through --------------
A)Increasing
Q15: Foreign exchange is demanded by -------------
A)Exporters
B)Domestic travelers
C)Importers
D)None
Q16: Devaluation will improve when elasticity of demand
Q17: Deficit BOP can be solved by --------------------
A)Expenditure
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