Post Utme Madonna University 2022 Commerce Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2022 Commerce Objective / Multiple Choice
Question 18 POST_UTME_MADONNA_UNIVERSITY • 2022 • COMMERCE • objective

A company's foreign trade involves exporting goods to a country with a different currency. Which of the following is a type of exchange rate?

Answer Options

Correct Answer A. Spot rate
B. Forward rate
C. Nominal rate
D. Real rate
Correct Answer
A
Correct Option:
Spot rate

About This Question

This is Post Utme Madonna University 2022 Commerce Question 18. It is one of the objective questions from the 2022 Post Utme Madonna University Commerce examination.

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