MCQOPTIONS
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| 1. |
The exchange rate is the |
| A. | total yearly amount of money changed from one country’s currency to another country’s currency |
| B. | total monetary value of exports minus imports |
| C. | amount of country’s currency which can exchanged for one ounce of gold |
| D. | price of one country’s currency in terms of another country’s currency |
| Answer» E. | |