The Exchange Rate for a Currency Depends on Many Factors

question 20

Multiple Choice

The exchange rate for a currency depends on many factors including:

• A) the price of McDonald's hamburgers in each country.
• B) the rate at which the Australian currency is pegged at relative to the other currency of interest.
• C) the price of options on futures of the foreign currency.
• D) the demand for and supply of the currency in the market.

---

Definitions:

Large Catches

Large catches refer to the significant quantities of fish or other marine organisms captured at once by fishing operations, which can impact marine populations and ecosystems.

Conservationist

An individual or a group actively involved in the protection and preservation of nature and wildlife, often advocating for sustainable practices to protect the environment.

Ethical Grounds

The moral principles or considerations that guide behavior or decision-making processes.

Whales

Large marine mammals belonging to the order Cetacea, known for their intelligence and complex behaviors.