Which Term Refers to the Price of the Foreign Currency

question 84

Multiple Choice

Which term refers to the price of the foreign currency in terms of the home currency?

• A) direct exchange rate
• B) indirect quote
• C) indirect exchange rate
• D) direct spot price

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Definitions:

Beginning and End

Terms defining the start and conclusion of an event, project, or process.

Staff Planner

A tool or professional responsible for allocating human resources effectively across various tasks and projects within an organization.

Plan Preparation

The process of outlining business objectives, strategies, and actions to achieve specific goals.

Special Plans

Targeted strategies or projects designed to address specific issues, goals, or opportunities within an organization.