{"id":87382,"date":"2021-12-06T11:07:40","date_gmt":"2021-12-06T11:07:40","guid":{"rendered":"https:\/\/prepistan.com\/blog\/?p=87382"},"modified":"2021-12-06T11:07:40","modified_gmt":"2021-12-06T11:07:40","slug":"an-index-that-estimates-the-true-rate-of-exchange-among-currencies-is-called","status":"publish","type":"post","link":"https:\/\/prepistan.com\/blog\/an-index-that-estimates-the-true-rate-of-exchange-among-currencies-is-called\/","title":{"rendered":"An index that estimates the true rate of exchange among currencies is called:"},"content":{"rendered":"<p>A. Human Development Index<\/p>\n<p><strong>B. Exchange Rate<\/strong><\/p>\n<p>C. Purchasing Power Parity<\/p>\n<p>D. None of these<\/p>\n<p><strong>Explanation:<\/strong><\/p>\n<div class=\"wDYxhc\" lang=\"en-PK\" data-md=\"61\">\n<div class=\"LGOjhe\" role=\"heading\" data-attrid=\"wa:\/description\" aria-level=\"3\" data-hveid=\"CAcQAA\"><span class=\"ILfuVd\"><span class=\"hgKElc\"><b>The real effective exchange rate (REER)<\/b>\u00a0compares a nation&#8217;s currency value against the weighted average of the currencies of its major trading partners. It is an indicator of the international competitiveness of a nation in comparison with its trade partners.<\/span><\/span><\/div>\n<\/div>\n<div class=\"g\">\n<div data-hveid=\"CAUQAA\" data-ved=\"2ahUKEwjZv4341M30AhWe7rsIHfNMAvQQFSgAegQIBRAA\">\n<div class=\"tF2Cxc\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A. Human Development Index B. Exchange Rate C. Purchasing Power Parity D. None of these Explanation: The real effective exchange rate (REER)\u00a0compares a nation&#8217;s currency value against the weighted average of the currencies of its major trading partners. It is an indicator of the international competitiveness of a nation in comparison with its trade partners.<\/p>\n","protected":false},"author":2,"featured_media":52812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[786,50],"tags":[26561],"class_list":{"0":"post-87382","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-current-affairs-mcqs","8":"category-world-current-affairs-mcqs","9":"tag-currency"},"_links":{"self":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/87382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/comments?post=87382"}],"version-history":[{"count":0,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/87382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/media\/52812"}],"wp:attachment":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/media?parent=87382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/categories?post=87382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/tags?post=87382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}