Author Question: Which of the following best defines foreign exchange? a. a trade between two countries b. the ... (Read 23 times)

KWilfred

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Which of the following best defines foreign exchange?
 a. a trade between two countries
  b. the market where exporting and importing activities take place
  c. the price of a currency relative to another currency
  d. the currency of another country used for trading
  e. the dollars that the United States uses to buy goods from other countries

Question 2

Import quotas on sugar result in lower sugar prices in the United States.
 a. True
  b. False



fffftttt

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Answer to Question 1

D

Answer to Question 2

B



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