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An exchange rate table makes it easy to compare the

A. different currency denominations used by a single country.
B. cost to produce the currency used by a single country.
C. value of the currencies for two or more countries.
D. unemployment rates for two or more countries.

asked
User Ariel
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2 Answers

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C. value of the currencies for two or more countries.

The exchange rate table makes the comparison of currencies easier.
answered
User Sekhar Bhetalam
by
7.3k points
1 vote

I believe the answer is: C. value of the currencies for two or more countries.


Exchange rate table is usually used in business to compared the cost of buying a certain type of resources from local markets and the foreign markets.

It is also often used by foreign exchange investors to make their speculation in order to make profit from the change in currency's value.

answered
User Vfn
by
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