« previous next »

Author Question: An exchange rate of 117.87/ indicates ________. A) that 117.87 yen buys one dollar B) that ... (Read 99 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Jul 7, 2018
An exchange rate of 117.87/ indicates ________.
 
  A) that 117.87 yen buys one dollar
  B) that 117.87 dollars buys one yen
  C) a direct quote on the dollar
  D) an indirect quote on the yen

Question 2

In a quoted exchange rate of 1.69/British pound, the British pound is called the ________.
 
  A) base currency
  B) counter currency
  C) cross currency
  D) quoted currency


cegalasso

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Overview of gas exchange between the environment, blood, and cells. Overview of gas exchange between the environment, blood, and cells.
Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
Countercurrent heat exchange in the lateral muscles of bluefin tuna. Countercurrent heat exchange in the lateral muscles of bluefin tuna.
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Calculating Growth Rate of Bacteria Calculating Growth Rate of Bacteria
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library