The price of any currency in international market is decided by the:

MCQ. Which of the following statements are correct?

The price of any currency in international market is decided by the:

  1. World Bank
  2. demand for goods/services provided by the country concerned
  3. stability of the government of the concerned country
  4. economic potential of the country in question

(a) 1, 2, 3 and 4

(b) 2 and 3

(c) 3 and 4

(d) 1 and 4

Answer: (b) 2 and 3

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