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IF Quiz 1

Authored by mercia xime

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University

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IF Quiz 1
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The multinational monetary system can be defined as an international framework within which international ----------- are made, the movemnets of ------ are accommodated and ------------ among currencies are determined.

payments, capital, exchange rates

transactions, funds, relationships

capital, transactions, exchange rates

payments, funds, relationships

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The international monetary system went through ----------- stages of evolution

four

five

six

three

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first and foremost among the stages of international monetary system is ---------------

Classical Gold Standandard

Interwar Period

Bimetallism

Bretton Woods System

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under the Gold Standard the exchange rate between two currencies is determined by the ----------- contents of the currencies

metal

foreign currency

SDR

gold

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Balance of Payment disequilibrium is automatically corrected through the price-specie-flow mechanism under the -------------

Gold Standard

Bimetallism

Bretton Woods System

Fixed Exchange Rate System

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The flexible exchange rate system replaced the ------------- was ratified by the Jamaican Agreement.

Bimetallism

Bretton Woods System

Interwar Period

Gold Standard

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The EEC launched European Monetary System in 1979 to establish a 'zone of -----------' in Europe.

uniform currency

common currency

monetary stability

monetary equity

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