Question
Select the correot answer.
What is a foreion exchange rate?
• A.
G.
• D.
value of a nation's currency in terme of another nation's ourreney
fluctuations in the value of money in a partieular country
exchange of domestie goods in the foreign market
export rate fixed by a curreney for trade in neighboring countries
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Answer
B. Fluctuations in the value of money in a particular country.