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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1405498
Foreıgn Trade Deneme Sınavı Sorusu #1405498
Which of the followings refers to the value of foreign currency units in terms of each other?
|
Cross foreign exchange rate. |
|
Foreign exchange rate. |
|
Real foreign exchange rate. |
|
Spot exchange rate. |
|
Long run equilibrium exchange rate. |
Yanıt Açıklaması:
The value of foreign currency units in terms of each other is called as the cross foreign exchange rate (sometimes shortly cross rate). Therefore, the correct option is A.
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