Introduction to Economics 2 Deneme Sınavı Sorusu #349982

............................................ is the price of one country’s currency expressed in terms of another country’s currency.

Which of the following completes the sentence above?


New protectionism

 

Traditional trade restriction

 

Foreign exchange rate

 

Nominal exchange rate

Equilibrium exchange rate


Yanıt Açıklaması:

Foreign exchange rate is the price of one country’s currency expressed in terms of another country’s currency. It is simply referred to exchange rate.

Yorumlar
  • 0 Yorum