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Study Functions of Foreign Exchange Market Notes App (iOS & Android) with MCQ: "Another rate of effective exchange rates that is collected on the basis of nominal effective exchange rate is known as"; with answers: real effective exchange rate, cross exchange rate, fixed exchange rate, and floating exchange rate. Practice foreign exchange markets and exchange rates questions and answers to improve problem solving skills to enhance economics virtual competencies.

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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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