Top 150+ Solved Principles of Internation Business for Tourism MCQ Questions Answer
Q. The headquarter of world Bank is at ------------------
a. Washington DC
b. Paris
c. Geneva
d. London
Q. The equilibrium exchange rate is determined by ---------------
a. Demand for currencies
b. Supply of currencies
c. Demand and Supply of currencies
d. None of these
Q. Determining the exchange rate at a higher level than prevailing in the foreign exchange market is known as ------------
a. Pegging up
b. Pegging down
c. Undervaluation
d. None of these
Q. According to PPP theory the exchange rate between two currencies are determined by their ------------
a. Relative price level
b. Relative interest level
c. Relative income level
d. None of these
Q. In the exchange rate determination PPP theory considers --------
a. Interest rates
b. Inflation rates
c. Spot transactions
d. None of these
Q. The rate at which one currency is exchanged for another is known as ------------
a. Exchange options
b. Foreign exchange
c. Exchange rate
d. Futures
Q. The objective of IDA is
a. Increase production
b. Stability in exchange rate
c. Improve living conditions
d. Increase income
Q. The objective of IMF is
a. Reduce Inequality
b. Exchange rate stability
c. Reduce poverty
d. None of these
Q. The official decrease in the value of a currency is known as ---------
a. Depreciation
b. Devaluation
c. Appreciation
d. None of these