Flexible exchange rate is based on the concept of

Related MCQs

• Determining the exchange rate at a higher level than prevailing in the foreign exchange market is known as ------------
• The rate at which the exchange dealer is ready to buy a currency as known as ----------------
• Floating exchange rate become common in ----------------
• The equilibrium exchange rate is determined by ---------------
• According to PPP theory the exchange rate between two currencies are determined by their ------------
• In the exchange rate determination PPP theory considers --------
• -------------- is a social factor that influence the exchange rate
• Price index is considered in ---------------- theory of exchange rate determination
• Central bank is likely to set policies and procedures to keep the exchange rate ------------------
• Coverage of risks due to fluctuating exchange rates is known as ---------