Question

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What is the term for the value of one nation’s currency compared to another? A. the trade barrier B. the exchange rate C. the money exchange D. the currency difference Please select the best answer from the choices provided A B C D

Answer 1

The Exchange Rate

Step-by-step explanation:

An exchange rate is the value of a country's currency vs. that of another country or economic zone. Most exchange rates are free-floating and will rise or fall based on supply and demand in the market.