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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