asked 1.2k views
0 votes
HELP ME PLEASE

The price of one nation's currency in terms of another nation's currency is called
A) fiscal policy.
B) monetary policy.
C) the exchange rate.
D) the discount rate.

asked
User Chiuki
by
7.5k points

2 Answers

3 votes

Answer:

The correct answer is c) the exchange rate

Step-by-step explanation:

answered
User Alex Shestakov
by
7.6k points
6 votes
C) the exchange rate
This is when you go to another country and exchange your form of currency into that countries form of currency.
an example is that if you have 1 U.S. dollar and you exchange it for Canadian currency you would recieve $1.28 because the american dollar is worth more.
answered
User Rrirower
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.