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 20 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
Excellent

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

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
Gas exchange occurs at the alveolar capillary membrane. Gas exchange occurs at the alveolar capillary membrane.
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
World population density World population density
World Climate Zones World Climate Zones
Globalization and Diversity: Geography of a Changing World, 4th Edition Globalization and Diversity: Geography of a Changing World, 4th Edition
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library