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Management · Q821

International Finance and Treasury

Graduate and Post Graduate · Management · question 821

Q821

When the two countries are having the gold standard, their currency units are either made of gold specified purity and weight or freely convertible into gold of given purity at fixed rate, this theory known as

A.
Purchasing power parity
B.
Mint parity theory
Answer
C.
Balance of payment theory
D.
Stable Foreign Exchange Rate

Answer: Option B

Solution

Answer: Option B
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