The exchange rate is the.
A. total yearly amount of money changed from one country’s currency to another country’s currency
B. total monetary value of exports minus imports
C. Exchange value of one country currency in terms of another country currency
D. Price of one country currency in terms of another country currency
Answer: Option D
Solution(By Examveda Team)
The exchange rate is the Price of one country currency in terms of another country currency. An exchange rate is the value of a nation's currency in terms of the currency of another nation or economic zone.This Question Belongs to Management >> International Finance And Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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