The Exchange Rate Is The

question 232

Multiple Choice

The exchange rate is the:

• A) value of money.
• B) quantity of dollars, yen, etc. that are traded.
• C) amount of a foreign currency that is brought back to the United States by tourists.
• D) number of units of your currency that it takes to buy one unit of a foreign currency.
• E) number of units of a foreign currency that can be bought with one unit of your own currency.

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