1 point
Q.1. Price of one currency in relation
to other currencies in the
international exchange market is
known as:
O (a) equilibrium rate
O (b) fixed exchange rate
O (c) exchange rate
O )
(d) flexible exchange rate
Answers
Answered by
2
Answer:
which subject is this
Explanation:
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Answered by
3
d) flexible exchange rrate is correct
Explanation:
An international exchange rate, also known as a foreign exchange (FX) rate, is the price of one country's currency in terms of another country's currency. Foreign exchange rates are relative and are expressed as the value of one currency compared to another.
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