Question: An exchange rate between two countries that is expressed in units of the domestic curreny is interpreted as: the price of the foreign currency in

 An exchange rate between two countries that is expressed in units

An exchange rate between two countries that is expressed in units of the domestic curreny is interpreted as: the price of the foreign currency in units of the domestic currency the price of the domestic currency in units of the foreign currency. the relationship between the domestic interest rate and the foreign currency the reciprocal of the foreign currency in units of the foreign currency

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