This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An exchange rate can be described as: a. the price of a foreign currency as determined by the World ... (Read 35 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
An exchange rate can be described as:
 a. the price of a foreign currency as determined by the World Bank.
  b. the price of one country's currency in terms of another country's currency.
  c. the dollar value of imports and exports undertaken in the world economy during a year.
  d. the price of foreign currency as established by the relative amount of tourism.
  e. the dollar value of U.S. international trade.

Question 2

A majority of international transactions involve the buying and selling of _____.
 a. bank deposits denominated in foreign currency
  b. currency notes
  c. traveler's checks
  d. stocks denominated in domestic currency
  e. bills of exchange


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

THE WORLD'S BIGGEST SALE THE WORLD'S BIGGEST SALE
Effects of Elevation on Heart Rate and Ventilation Effects of Elevation on Heart Rate and Ventilation
The process of phagocytosis: a phagocyte engulfing bacteria or other foreign material. The process of phagocytosis: a phagocyte engulfing bacteria or other foreign material.
World Languages World Languages
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Coniferous forests on the world map Coniferous forests on the world map
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library