The Exchange Rate Between Two Foreign (Nondollar)currencies Is Known as A(n)

question 17

Multiple Choice

The exchange rate between two foreign (nondollar) currencies is known as a(n)

• A)indirect dollar rate.
• B)forward rate.
• C)cross-exchange rate.
• D)derived exchange rate.

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Definitions:

Relationship

How two or more thoughts, entities, or persons are associated, or the status of being associated.

Variable

An attribute or characteristic that can assume different values among subjects in a study or among objects of interest.

Increases

A term indicating a rise or growth in quantity, size, or intensity of a particular parameter or variable.

Decreases

A term referring to the reduction or decline in the value or quantity of something.