The rate of exchange of one nation's currency for another nation's currency?
Correct answer: C. None of these
- A. Exchange rate appreciation
- B. Exchange rate depreciation
- C. None of these
- D. Exchange rate determinant
Explanation
The rate at which one currency exchanges for another is the exchange rate. Appreciation and depreciation describe movements in that rate, not the rate itself, so the correct listed choice is 'None of these'.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
Practise Agricultural Economics and Extension
190 free Agricultural Economics and Extension MCQs from Agriculture, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Agriculture questions like this
Agriculture is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
More Agricultural Economics and Extension questions
Recurring increase and decrease in the level of economic activity over periods of years?
The role of power in economic decision making is studied in________________?
Noble prize of Economics in 1979 was awarded to________________?
The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?
Any resource whose quantity can not be changed by a firm in the short run_______________?
A group of firms which produces identical or similar products__________________?