Question

    When a particular Foreign Exchange Transactions are

    dependent on other Foreign Exchange Transactions its called:
    A Current account transactions Correct Answer Incorrect Answer
    B Capital account transactions Correct Answer Incorrect Answer
    C Autonomous transactions Correct Answer Incorrect Answer
    D Accommodating transactions Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Accommodating transactions are those that are undertaken as a consequence of the autonomous transactions.

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