The exchange rate is the ruling official rate of exchange of dollars for other currencies . It determines the value of American goods in relation to foreign goods. If the the dollar is devalued in terms of other currencies , American exports ( which are

The exchange rate is the ruling official rate of exchange of dollars for other currencies . It determines the value of American goods in relation to foreign goods. If the the dollar is devalued in terms of other currencies , American exports ( which are Correct Answer By encouraging exports and discouraging imports, devaluation can improve the American balance of payments

Bissoy MCQ

Related Questions

The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?
S1:Payment for imports and exports is made through a system called foreign exchange.
P :The value of the money of one country in relation to the money of other countries is agreed upon.
Q :These rates of exchange vary from time to time.
R :For instance, an American dollar or a British pound sterling is worth certain amounts in the money of other countries.
S :Sometimes a United States dollar is worth 12 pesos in Mexico.
S6:Another time it may be worth eight pesos.

The Proper sequence should be:
To produce an old photograph, a photographer charges x dollars to make a negative, 3x/5 dollars for each of the first 10 prints, and x/5 dollars for each print in excess of 10 prints. If 45 dollars is the total charge to make a negative and 20 prints from an old photograph, how many dollars the photographer charges to make a negative?
To produce an old photograph, a photographer charges x dollars to make a negative 3x/5 dollars for each of the first 10 prints, and x/5 dollars for each print in excess of 10 prints. If 45 dollars is the total charge to make a negative and 20 prints from an old photograph, how many dollars the photographer charges to make a negative?
In country A, the first 1,000 dollar of any inheritance are untaxed. After the first 1,000 dollar, inheritances are taxed at rate of 65%. How large must an inheritance be, to the nearest dollar, in order to amount to 2,500 dollar after the inheritance tax?
Under foreign exchange risk measurement, economic risk emerges out of which of the following?
1. Riskiness of company's foreign exchange positions resulting from its business activities.
2. The holding period or length of time over which the foreign exchange position is planned to be held.
3. A change in the present value of the future after tax cash flows due to changes in exchange rates.
4. The unit of currency to be used for the denomination of the value of currency.
How does an increasing national debt impact the market for U.S. dollars and the value of the dollar with respect to other currencies?
Which of the following statement is true?
Statement I Exchange rate fluctuates to equate imports and exports.
Statement II Exchange rates fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied.
Which of the following correctly describes, what the Bancassurance is
1. It is an arrangement where by the branches of a bank sell/distribute insurance products of an insurance company.
2. It is a new product developed/launched by the banks in which the risks of the high value customers are covered for any losses to their property and/or lives through an insurance cover.
3. It is a new product launched by the banks by which they are providing insurance cover to exporters/importers for the losses, if any due to high fluctuations in the exchange rates of dollars and other major currencies.
Select the correct answer
A depreciation of the US dollar relative to foreign currencies will make