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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1405529
Foreıgn Trade Deneme Sınavı Sorusu #1405529
Which of the followings refers to the value of a domestic currency against foreign currencies corrected for the purchasing power.
Cross foreign exchange rate. |
Foreign exchange rate. |
Real foreign exchange rate. |
Spot exchange rate. |
Long run equilibrium exchange rate. |
Yanıt Açıklaması:
The value of a domestic currency against foreign currencies corrected for the purchasing power is called the real foreign exchange rate. Therefore, the correct option is C.
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