The Foreign Exchange Rate Is

question 48

Multiple Choice

The foreign exchange rate is:

• A)an entry in the current account.
• B)the price of a foreign good in the world market.
• C)an entry in the capital account.
• D)an entry in the balance of trade.
• E)the cost of one currency in terms of another.

---

Definitions:

Supervisor

An individual who oversees and directs the work of others, often in a workplace or professional setting.

Inventory Manager

A professional responsible for overseeing and organizing the stock of goods in a company to ensure efficient handling and storage.

Scholastic Aptitude Test

A standardized test widely used for college admissions in the United States, assessing a student's readiness for college and providing a common data point for comparing applicants.

Math Scores

Numeric evaluations or marks indicating the level of achievement or proficiency in mathematics assessments.