Question
Exchange rate determination by comparing purchasing
power of currencies is:Solution
PPP theory states that exchange rates between currencies are in equilibrium when their purchasing power is the same in both countries.
More Foreign Exchange Questions
CALCOCITE is an ore of :
What is the more common name for solid carbon dioxide?
Which of the following rock is not a sedimentary rock?
Which alkali metal is represented by the atomic number 3?
Sodium Chloride is an example of
The scientific name of vitamin B12 is :
Amalgam is a mixture of
Which of the following is not the Ore of Aluminium?
Which gas is the chief component of Bio-gas?
Formation of Sodium Chloride is an example of
Relevant for Exams:
