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 105 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
Thanks for the timely response, appreciate it

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

he Three Domains of the Living World he Three Domains of the Living World
Smallest Fish in the world Smallest Fish in the world
Distribution of the Old World monkeys. Distribution of the Old World monkeys.
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
The executive legislative "struggle" over foreign policy The executive legislative "struggle" over foreign policy
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 ...
Video: Types of Burns

For a complete list of videos, visit our video library