Q138
The exchange rate is the.
A.
total yearly amount of money changed from one country’s currency to another country’s currency
B.
total monetary value of exports minus imports
C.
Exchange value of one country currency in terms of another country currency
D.
Price of one country currency in terms of another country currency
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The exchange rate is the Price of one country currency in terms of another country currency. An exchange rate is the value of a nation's currency in terms of the currency of another nation or economic zone.