The Price of One Country's Currency Expressed in Terms of Another

question 162

Multiple Choice

The price of one country's currency expressed in terms of another country's currency is referred to as

• A)balance of price.
• B)currency exchange rate.
• C)reciprocity price.
• D)balance of payments.
• E)equity exchange factor.

---

Definitions:

Adaptive

Describing an organism or system that can adjust to changes in its environment or circumstances.

Signal Detection Theory

A method for measuring the capacity to distinguish between patterns that carry information and those random patterns that obscure the information.

Forest Ranger

A forest ranger is a professional responsible for the protection and preservation of forests, supervising activities within forested areas to ensure the health of the forest ecosystem.

Forest Fire

An uncontrolled fire that occurs in wilderness or rural areas, potentially causing extensive damage to ecosystems.