Exchange Rates Essentials

FX rates, depreciation, and floats. Ideal for competitive exams and economics prep.

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QUESTION NO 01

Free trade generally encourages?

Answer: Specialization and efficiency gains

Open trade expands markets and variety.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 02

The balance of trade records?

Answer: Exports minus imports of goods (often)

Trade surplus/deficit is a common headline metric.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 03

Exchange rate is?

Answer: Price of one currency in terms of another

It affects import/export competitiveness.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 04

Depreciation of a currency tends to make?

Answer: Exports cheaper and imports dearer (other things equal)

Foreign buyers find goods less expensive.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 05

WTO’s role includes?

Answer: Rules and dispute processes for international trade

It oversees multilateral trade norms.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 06

Protectionism aims to?

Answer: Shield domestic industries from foreign competition

Tools include tariffs, quotas, and standards.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 07

Dumping in trade usually means?

Answer: Selling abroad below fair/normal value

Anti-dumping duties may respond.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 08

An embargo is?

Answer: A ban on trade with a target

Often used as a policy sanction.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 09

Terms of trade often refer to?

Answer: Ratio of export prices to import prices

Better terms mean more imports per export unit.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 10

A customs union involves?

Answer: Free trade among members plus a common external tariff

Deeper than a simple FTA in external policy.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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Shahzad Mahota

@shahzad-mahota

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Exchange Rates Essentials

Free trade generally encourages?

The balance of trade records?

Exchange rate is?

Depreciation of a currency tends to make?

WTO’s role includes?

Protectionism aims to?

Dumping in trade usually means?

An embargo is?

Terms of trade often refer to?

A customs union involves?

Published By

Shahzad Mahota

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00

00

00

00

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Exchange Rates Essentials

Free trade generally encourages?

Explanation

The balance of trade records?

Explanation

Exchange rate is?

Explanation

Depreciation of a currency tends to make?

Explanation

WTO’s role includes?

Explanation

Protectionism aims to?

Explanation

Dumping in trade usually means?

Explanation

An embargo is?

Explanation

Terms of trade often refer to?

Explanation

A customs union involves?

Explanation

Published By

Shahzad Mahota

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00

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