The function of foreign exchange market that helps in clearing international transactions is known as ________________.

Related MCQs

• Forward market in foreign exchange refers to ________________ market.
• When the demand curve for foreign currency, intersects the supply curve, we get ________________ exchange rate.
• Portfolio foreign investment is included in ________________ account of BoP.
• ________________ of goods results in demand for foreign currency.
• ________________ is not a detect of flexible exchange rate.
• International trade increases the welfare of ________________