A condition in which official and autonomous exchange rate coexist is

Economics

JAMB 2011

A. dual exchange rate system
B. managed floating rate system
C. market determined exchange rate system
D. multiple exchange rate system

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option D

Explanation

multiple exchange rates is a system where a country will have both fixed and floating foreign exchange rates at the same time and both can be used when exchanging currencies in that country.

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

Your School's Whatsapp Group - Join Us now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

professor John is the leader of the ________ committee to review the new book? Answer this

1 Answers · English Language · 3 months ago
His contract was ---- because of irregularities in his contract You picked annulled over terminated and I want to know... Answer this

1 Answers · English Language · 2 months ago
whats is the difference between phrase and clause? Answer this

2 Answers · English Language · 3 days ago

A condition in which official and autonomous exchange rate coexist is

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In