Define the Foreign Exchange Rate Between Two Currencies

question 79

Essay

Define the foreign exchange rate between two currencies. Explain its effect on business transactions conducted in a foreign currency.

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Definitions:

Diagnosed

The identification of a disease or condition by examination of its symptoms and possibly further testing.

Mortality Rate

The measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Percent

A unit of measure equal to one hundredth of a total; a way to express fractions in a uniform way.

Rapid Eye Movement

A phase of sleep characterized by rapid movements of the eyes, dreaming, and bodily paralysis.