The convertibility of dollar was formally abandoned in ---------------
A) 1962
B) 1966
C) 1973
D) 1971
Correct Answer:
Verified
Q12: Flexible exchange rate is based on the
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
Q18: Floating exchange rate become common in ----------------
A)1980's
B)1970's
C)1960's
D)1950's
Q19: The difference between the value of goods
Q21: Soft loans to underdeveloped countries are disbursed
Q22: IFC was established in ----------------
A)1958
B)1956
C)1954
D)1950
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