Home ยป Under free exchange markets the rate of foreign exchange is determined by Demand and Supply MCQs Under free exchange markets the rate of foreign exchange is determined by September 27, 2022 0 Views Q. Under free exchange markets the rate of foreign exchange is determined by: Balance of Payments theoryMint par theoryPurchasing power parity theoryNone of the above Answer: Balance of Payments theory
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to