As Exchange Rates Change, They

question 41

Multiple Choice

As exchange rates change, they

• A) change the relative purchasing power between countries.
• B) can affect imports and exports between countries.
• C) will affect the flow of funds between countries.
• D) All of the options are true.

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Definitions:

Frequency Distribution

A mathematical function showing the number of instances in which a variable attains each of its possible values.

Relative Frequency

The ratio of the number of times a particular value appears in a dataset to the total number of observations.

Categorical Data

Data that can be divided into groups or categories that are not numerically ordered.