An economist will define the exchange rate between two currencies as t

1.	An economist will define the exchange rate between two currencies as the:
A.	amount of one currency that must be paid in order to obtain one unit of another currency
B.	difference between total exports and total imports within a country
C.	price at which the sales and purchases of foreign goods takes place
D.	ratio of import prices to export prices for a particular country
Answer» B. difference between total exports and total imports within a country

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An economist will define the exchange rate between two currencies as the:

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