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 Reset Next

Politics

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
Reset
Next
Answer

B. Fluctuations in the value of money in a particular country.

Download to view full explanation
A foreign exchange rate is the rate at which one currency can be exchanged for another. It is also referred to as the exchange rate, foreign exchange rate...
Solve any homework question FREE with our app, NO PAYMENT required!