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Q. Exchange rate between two currencies is based on _ __

Q. At present, European Union consist of _ member countries.

Q. TRIPs deals with _ .

Q. Investment in financial assets like shares or bonds abroad will _- the demand for foreign exchange.

Q. Who aid the following, " The esence of international trade is not the absolute difference in cost but a comparative difference in cost."

Q. _ rate variations can affect the equilibrium exchange rate.

Q. _ agreement deals in trade in services

Q. Px / Pm is

Q. J.S.Mill brought in _ factor to explain termsof trade

Q. Marshall and Edgeworth introduced a geometrical device to explain the gains from trade which is known as