Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business Socio-cultural factors and their influence on business Theories of international trade
In the context of the International Monetary System, the case for a fixed exchange rate regime claims:
1
Far from correcting trade imbalance, depreciating a currency in the foreign exchange market tends to cause price inflation
2
Floating exchange rate regimes are vulnerable to speculative pressure
3
The goods and service manufactured in the country become more competitive in international markets
4
The need to maintain a fixed exchange rate imposes monetary discipline on a country