A foreign exchange rate is _______________. a. The rate of inflation in a foreign country b. The
Question:
A foreign exchange rate is _______________.
a. The rate of inflation in a foreign country
b. The amount of imports a country has relative to its exports
c. The price of one currency in terms of another currency
d. The rate of unemployment in one country compared to the rate in another country
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The correct answer is c The price of one currency in terms of another cur...View the full answer
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