To Macroeconomists,"foreign Exchange" Refers to

question 11

Multiple Choice

To macroeconomists,"foreign exchange" refers to

• A)the price at which purchases and sales of foreign goods take place.
• B)the movement of goods and services from one country to another.
• C)foreign currency or various claims on it.
• D)the difference between exports and imports.
• E)the actual transaction that occurs as currencies are traded.

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