A Country's Exchange Rate Is Based on _____

question 10

Multiple Choice

A country's exchange rate is based on _____.

• A)the rate at which its currency can be exchanged for currencies of other countries
• B)the number of foreign banks it has
• C)tariffs and related trade restrictions
• D)the relationship between its imports and exports

---

Definitions:

Socializing

The process of interacting with others to create relationships, adapt to social norms, or enjoy companionship.

Supplication

A form of behavior where an individual seeks aid, support, or mercy, often through humble request.

Self-presentation Strategy

Techniques and behaviors individuals use to control or influence how others perceive them, often to elicit a desired impression.

Ingratiation

A psychological strategy used by an individual to make others like them by flattering or praising them, often to gain personal advantage.