Open Economy Ma...

Other things remaining unchanged, when in a country the price of foreign currency rises, national income is __________.

The value of US Dollar $$ $1$$ has gone down from $$Rs. 67$$ to $$Rs. 65$$. It means that ________________.

Devaluation of currency means ____________________.

Other things remaining the same, when foreign currency becomes cheaper, the effect on national income is likely to be: 

Under the gold standard, all currencies were defined in terms of _____________.

The gold standard was the epitome of the _______________.

The problem with the Bretton Woods exchange rate system was identified by Robert Triffin and was termed as _____________.

_____________ exchange rate regime prevailed between 1870 to 1914.

_____________ established an exchange rate system in 1971.

The Gold Standard was from the period _______________.