Which exchange rate measures the average relative strength of a given currency with respect to other currencies without eliminating the effect of change in price?
A) Nominal exchange rate
B) Nominal effective exchange rate
C) Real exchange rate
D) Real effective exchange rate
Correct Answer:
Verified
Q1: The supply of foreign exchange comes from..
A)the
Q2: Buyers and sellers of foreign exchange are
A)central
Q4: When one country manipulates exchange rate against
Q5: Other things remaining the unchanged, when in
Q6: Other things remaining the same, when in
Q7: Devaluation which means fall in value of
Q8: A change from Rs. 60 = 1
Q9: The larger fluctuations in portfolio value of
Q10: Other things remaining unchanged, when in a
Q11: Indirect quotation is also known as
A)home currency
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