Foreıgn Trade Deneme Sınavı Sorusu #1389749

In order to buy a unit of currency, what is the amount that must be foregone in the other currency?


the foreign exchange rate

the determination of an asset’s price

the ratio of foreign trade

the level of this price

the framework of international transactions


Yanıt Açıklaması:

Foreign exchange rate: In order to buy a unit of currency, the amount that must be foregone in the other currency is the foreign exchange rate. In other words, the foreign exchange rate is the price of one unit of currency in terms of the other. The correct answer is " A ".

Yorumlar
  • 0 Yorum