MCQOPTIONS
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MCQOPTIONS
| 1. |
Indirect rate in foreign exchange means |
| A. | The rate quoted with the units of home currency kept fixed. |
| B. | The rate quoted with units of foreign currency kept fixed. |
| C. | The rate quoted in terms of a third currency. |
| D. | None of the above. |
| Answer» B. The rate quoted with units of foreign currency kept fixed. | |