# The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ? Correct Answer: C. Atlas method of exchange rate. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

Direct Answer & Quick Reference

The correct option is **C. Atlas method of exchange rate**.

A. Breton Wood method

B. Free market exchange rate

C. Atlas method of exchange rate **(Correct Answer)**

D. Open market exchange rate

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Verified Key: C. Atlas method of exchange rate
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