Avatto > UGC NET COMMERCE > PRACTICE QUESTIONS > International Business > International Business Section 3

International Business MCQ - International Business Section 3

41 The Bretton Woods system, in which the nation can defend a fixed rate by adjusting the whole national economy to fit the exchange rate, or it can devalue its currency and peg it at a new official exchange rate if defending the old fixed-rate requires too much domestic adjustment, is otherwise known as

42 Choose the correct explanation of the balance of payments of a country

43 Which of the following are not the kinds of balances associated with BOP?

44 Which balance focuses on the problem of defending the nation's currency and its ability to repay its obligations?

45 Monetary policy has a comparative advantage in affecting.............. while fiscal policy has a comparative advantage in affecting ..........

Your Progress

0%

Start Practising!

You've answered 0 of 70 questions in this topic.

View Detailed Progress

Practice Spotlight

Build momentum in International Business Section 3

Start with a short question set, review every explanation, and revisit difficult questions before moving ahead.

Day 8 / 10

Global Spotlight

Add Timed Practice

You have answered 0 questions with 0% accuracy.

Day 2 / 10

Question Spotlight

Question:

The Bretton Woods system, in which the nation can defend a fixed rate by adjusting the whole national economy to fit the exchange rate, or it can devalue…

A. Permanently fixed-rate system
B. Exchange rate compromises system
C. Deficits without tears
D. Adjustable-peg system

Correct answer: D

Click to view the complete question details

Day 8 / 10 Open this question

Community Insight

Based on 106 saved attempts

Most Attempted TopicInternational Business Section 1
Most Challenging TopicInternational Business Section 1
Average Accuracy97%

Featured Question

(Based on recent community answers)

Q. #13963New

The Bretton Woods system, in which the nation can defend a fixed rate by adjusting…

Try This Question →

This Week's Challenge

Complete 20 questions and set the community benchmark!

0 / 20 Start Challenge →

Why Practice with Avatto?

High Quality MCQsExam-focused questions with accurate answers

Detailed ExplanationsStep-by-step explanations to enhance learning

Latest Exam PatternBased on updated syllabus and pattern

Performance AnalyticsTrack performance and improve weak areas

100% Free PracticePractice unlimited questions for free

Forgot your password?

I agree with the Terms.