meloball1
contestada

PLEASE HELP What is a foreign exchange rate?

A. value of a nations currency in terms of another nation's currency

B. fluctuations in the value if money in a particular country

C. exchange of domestic goods in the foreign market

D. export rate fixed by a currency for trade in neighboring countries ​

Respuesta :

cheifkeefsossa

The Answer to this question is A.)  

Because an exchange rate is a price of one nation's currency in terms of another nation currency- Like other prices, exchange rates are determined by the forces of supply and demand

ejsiegler2004

The answer is A. value of a nations currency in terms of another nation's currency ​

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