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Business, 04.04.2020 19:56 dinapaul424

The exchange rate is:
Select one:
a. a tax imposed on members of a stock exchange.
b. a price for raw materials that are imported.
c. the value of our currency in terms of another currency
d. a term used in shipping to describe how fast a ship can get into and out of port.

Answers

ansver
Answer from: bry7474

the correct answer is c. the value of our currency in terms of another currency

Explanation:

an exchange rate is the value of a one currency in terms of another nations currency. eg: a US 1 dollar equals Euro 1.2!

The currency rates are primarily decided by the supply and demand for a currency and these rates are useful in many instances such as international trade and investing.

ansver
Answer from: Quest

answer; (b) insider trading;

ansver
Answer from: Quest

$2.00 for three shots.

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You know the right answer?
The exchange rate is:
Select one:
a. a tax imposed on members of a stock exchange.
...