When One Unit of One Currency Trades on the Foreign

question 169

Multiple Choice

When one unit of one currency trades on the foreign exchange market for one unit of another currency,this is called

• A) equalization.
• B) equilibrium.
• C) parity.
• D) a fixed exchange rate.
• E) a real exchange ratE.

---

Definitions:

Adductor Muscles

Muscles located in the thigh that are responsible for pulling the legs together.

Sans Serif

A category of typefaces that do not have the small projecting features called "serifs" at the end of strokes.

Typeface

A set of characters that share common design features, which includes letters, numbers, and symbols, used in printing and digital media.

Hedging

The use of cautious language to make statements less absolute, often to reduce risk or liability.