Question

What does an exchange rate tell you?

A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product

Answer 1

It tells you: C. How much one unit of currency is worth when converted to another currency.

Answer 2

C. How much one unit of currency is worth when converted to another currency