The actual exchange ratio between two countries will depend upon the

Related MCQs

• The difference in the domestic cost ratios of producing two commodities in two countries is known as
• The difference in price ratios of two commodities in the two trading countries is
• According to Ricardo, trade is possible between two countries when
• The term ‘terms of trade’ between two countries refers to
• Under Liberalized Exchange Rate Management Scheme, how much is the receipts on current account could be converted freely into rupees at market determined exchange rate?
• The factor price ratio(PC/PL)A < (PC/PL)B of countries A & B implies
• Under the Liberalized Exchange Rate Management System (LERMS), the rupee got a partial convertibility in the ratio
• The top two countries that remain the top sources of FDI to India during 2017-19 are
• A quota which established thorough mutual agreements or negotiation between countries is
• A trade policy without tariffs and other quantitative restrictions blocking the movement of goods between countries is