Top 150+ Solved Principles of Internation Business for Tourism MCQ Questions Answer
Q. Coverage of risks due to fluctuating exchange rates is known as ---------
a. Speculation
b. Arbitrage
c. Hedging
d. Forward rate
Q. The demand for foreign exchange is determined by country’s ------------
a. Exports
b. Imports
c. Exports and imports
d. None of these
Q. Purchasing power purity theory was introduced by ------------
a. Fisher
b. Cassel
c. Marshall
d. Paul Einzing
Q. The difference between buying and selling rate is called
a. ASK rate
b. Bid rate
c. Spread
d. SWAP
Q. The rate at which the exchange dealer is ready to buy a currency as known as ----------------
a. Ask rate
b. SWAP rate
c. Spread
d. Bid rate
Q. Balance of Trade is a ----
a. Stock Concept
b. Flow Concept
c. Stock and Flow Concept
d. None of these
Q. Which one of the following items in the balance of payments is invisible
a. Travel
b. Shipping
c. Export of goods
d. Gifts
Q. Gold standard is an example of
a. Floating exchange rate
b. Fixed exchange rate
c. Crawling peg
d. Crawling bands
Q. Flexible exchange rate is based on the concept of
a. Supply
b. Demand
c. Demand and supply
d. None of these
Q. A BOP surplus can be corrected through --------------
a. Export promotion
b. Exchange control
c. Appreciation
d. Increase in interest