The Exchange Rate That Represents the Number of Units of a Home

question 79

Multiple Choice

The exchange rate that represents the number of units of a home currency that is required to purchase one unit of a foreign currency is referred to as a(n) ________ quote.

• A)forward
• B)direct
• C)market
• D)indirect
• E)arbitrage

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Definitions:

Epithelial Tissue

A type of tissue that lines the outer surfaces of organs and blood vessels, as well as the inner surfaces of cavities in many internal organs.

Hormones

Chemical messengers produced by glands in the body that regulate physiological activities and behavioral responses.

Gases

Substances that exist in a state that has no fixed shape and adapts to the volume of its container, characterized by low density and viscosity.

Adipose Tissue

A type of body tissue containing stored fat that serves as a source of energy, insulation, and cushioning.