Central bank is likely to set policies and procedures to keep the exchange rate ------------------
A) Down
B) Stable
C) Up
D) None of these
Correct Answer:
Verified
Q10: A deficit budget leads to ----------------
A)Decrease in
Q11: Mint parity theory is suitable for ---------
A)Gold
Q12: Forex reserves of a country are held
Q13: Extending of economic activities across national boundaries
Q14: The WTO is the successor to -------------
A)VAT
B)GATT
C)GTT
D)ATT
Q16: ------------- of a country is the relation
Q17: Devaluation raised the domestic price of --------------
A)Exports
B)Imports
C)Both
Q18: Devaluation reduces the foreign price of --------------
A)Exports
B)Imports
C)Both
Q19: Under gold standard the value of the
Q20: The ADB was set up in the
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