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Economics Competitive Exam: Mock Test 83

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Functions of Foreign Exchange Market Quiz with Answers PDF Download: MCQs 83

MCQ: 411

Another rate of effective exchange rates that is collected on the basis of nominal effective exchange rate is known as

  1. cross exchange rate
  2. real effective exchange rate
  3. floating exchange rate
  4. fixed exchange rate
MCQ: 412

All combinations of risk and wages that yield the same level of profit is known as

  1. isoquant
  2. indifference curve
  3. iso-profit line
  4. marginal profit line
MCQ: 413

The type of cost that keep on changing with the output and also increases at a constant rate relative to labor and capital is known as

  1. fixed cost
  2. sunk cost
  3. variable cost
  4. total cost
MCQ: 414

The trade of products that belongs to the trade between different industries is known as

  1. intra-industry trade
  2. inter-industry trade
  3. gains from trade
  4. trade with specialization
MCQ: 415

A global online network where traders buy and sell currencies is known as

  1. foreign market
  2. local market
  3. foreign exchange market
  4. two factor market

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Functions of Foreign Exchange Market Quiz App (Android & iOS)

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