What is the rate of exchange or exchange rate ?

A. power to buy foreign currency
B. foreign currency holding
C. ratio at which unit of one country’s currency is exchanged for unit of another country currency
D. none of them

Which term is used for a country’s holdings of intentionally acceptable means of payment ?

A. holdings
B. reserves
C. foreign currency
D. treasure

How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?

A. open door market
B. open door country
C. open sky market
D. free economy

The economics system planned economy is ?

A. in which economists control production
B. in which production and distribution of wealth is under government’s control
C. in which technocrats control production
D. in which government controls distribution

Point out the use of the term price fixing ?

A. unlawful agreement between manufacturers to set and maintain specified price on typically competing products
B. artificial setting of price of commodity by government
C. both of them
D. none of them

A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?

A. multinational corporation
B. multinational company
C. both of them
D. none of them

How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?

A. combine fund
B. mutual fund
C. liquid fund
D. stock holding company

Which term is used for the total net value of all goods and services produced in a country in specified period of time ?

A. national income
B. public income
C. local income
D. gross income

What is called the market in which forces of demand and supply are not in the control of government ?

A. market economy
B. free market
C. both of them
D. none of them

Monoculture is ?

A. farming practice of growing a single crop
B. homogeneous nations
C. homogeneous market
D. homogeneous business