International Trade TY BCOM SEM VI

International Trade TY BCOM SEM VI

University

75 Qs

quiz-placeholder

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International Trade TY BCOM SEM VI

International Trade TY BCOM SEM VI

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

Kanchan Thaker

Used 6+ times

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75 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The exchange rate between two currencies under the gold standard was determined by______

Mint parity

Purchasing power parity

Exchange rate parity

Currency parity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under IMF the _____________was accepted as an international reserve currency.

British pound

US Dollar

Euro

Franc

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In 1960s the IMF system came under stress due to which of the following reasons?

Huge accumulated surplus in US budget

Limited gold movement between countries

Huge accumulated deficit in US budget

Financial and banking crisis in the US

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under ____________a nation rigidly fixes the exchange rate of its currency to a foreign currency in order to fight inflation and deep financial crisis.

Eurozone Arrangements

Currency board arrangements

Dollarization

Managed flexibility

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________is a system under which the exchange rate is determined in the market by forces of demand and supply.

Dirty float

Crawling peg

Managed float

Free float

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under ___________ the par values to change by small preannounced amounts or percentages at frequent and specified intervals.

Dirty float

Crawling peg

Managed float

Free float

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The IMF started to operate in

1995

1947

1944

1954

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