Which of the Following Has the Highest Value-To-Weight Ratio

question 21

Multiple Choice

Which of the following has the highest value-to-weight ratio?

• A) pickup trucks
• B) HD televisions
• C) personal computers
• D) microchips
• E) petroleum

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Definitions:

Spot Exchange Rate

The present rate at which a currency is traded for instant delivery.

Exchange Rate

The price at which one currency can be exchanged for another, which can fluctuate based on supply and demand in the foreign exchange market.

Cross-Rate

An exchange rate between two currencies derived from their respective exchange rates with a third, common currency.

Exchange Rate

The exchange rate is the value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another currency.