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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Exchange rate for currencies is determined by supply and demand under the system of the ______. - Economics

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Question

Exchange rate for currencies is determined by supply and demand under the system of the ______.

Options

  • Fixed exchange rate

  • Flexible exchange rate

  • Constant

  • Government-regulated

MCQ
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Solution

Exchange rate for currencies is determined by supply and demand under the system of the flexible exchange rate.

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Exchange Rate
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Chapter 7: International Economics - Model Questions [Page 149]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 7 International Economics
Model Questions | Q 7. | Page 149
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