Which One of the Following Is Not True

question 226

Multiple Choice

Which one of the following is not true?

• A)An exchange rate is the price of one currency in terms of another.
• B)An exchange rate is the means by which the price of a good in one country is translated into the price to the buyer in another country.
• C)The cost of a foreign good in dollars will depend on the current exchange rate.
• D)The exchange rate will affect the willingness of foreign buyers and sellers to trade with each other.
• E)The exchange rate is the price of a currency in terms of another currency for exchanges of goods and services but not for financial transactions.

---

Definitions:

Exact Term

The precise wording or specific phrase used in legal documents, contracts, or contexts.

Westlaw

A web-based legal research tool and exclusive database designed for attorneys and legal professionals, accessible in more than 60 nations.

Lexis

A comprehensive digital library and searchable database of legal and journalistic documents.

Conduct a Search

A process involving looking for information or resources through systematic investigation or examination.