Question

The refers to the price of one countrys currency in units of another countrys currency. exchange rate exchange price curren
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans- Option 1 Exchange Rate

Exchange rate is the Rate at which one currency can be exchanged with another currency

Add a comment
Know the answer?
Add Answer to:
The refers to the price of one country's currency in units of another country's currency. exchange...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • I The nominal exchange rate is the price of one currency in terms of another country's currency a...

    i The nominal exchange rate is the price of one currency in terms of another country's currency are needed to buy one unit of another country's currency. t Suppoce the folowing table presents nominal exchange rat information in the table to answer the questions that follow e data for May 21, 2014, in terms of u.s, ollars per unst of foresign currency. use the (Dollars) Braziian real (BRL) 0.8493 Suppose that on May 21, 2014, an omamental bookcase handmade in...

  • The rate at which a foreign exchange dealer converts one currency into another currency on a...

    The rate at which a foreign exchange dealer converts one currency into another currency on a particular day is the Multiple Choice o forward exchange rate. O fixed exchange rate. O future exchange rate. o spot exchange rate. O floating exchange rate.

  • 1) The price of one currency in terms of another is called A)...

    1) The price of one currency in terms of another is called A) the exchange rate. B) purchasing power parity. C) the terms of trade. D) a currency band. 2) The three policies which cannot be maintained simultaneously by a nation (sometimes referred to as the "trilemma") do NOT include A) independent control of the money supply. B) independent control of fiscal policy. C) free flow of capital. D) fixed exchange rates 3) The foreign exchange rate refers to A) the rate of change in...

  • Demand for a country's currency in the foreign exchange market is given by where XR is...

    Demand for a country's currency in the foreign exchange market is given by where XR is the US dollar price of the currency, and A is the quantity of the currency. Supply for Country A's currency in the foreign exchange market is given by The central bank of the country fixes the exchange rate at 62 USD. The central bank needs to sell A = ________ in the foreign exchange market to maintain the fixed exchange rate. [Fill in the...

  • 2. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's...

    2. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's currency expressed in another country's currency Suppose an American investor is given the current exchange rates in the following table. The listed quotations are direct quotations stated in American terms British pound (E) Euro () Australian dollar (AUS) $0.8970 Australian dollar Exchange Rate $1.9760 / pound 1.3210 euro Given these rates, an Australian dollar can purchase British pounds Purple Whale Foodstuffs Inc. is a...

  • 20. When a country's exchange rate depreciates, the price of: A: that country's goods abroad decreases...

    20. When a country's exchange rate depreciates, the price of: A: that country's goods abroad decreases B: that country's goods abroad increases C: foreign goods sold in the country increases D: that country's goods produced and sold locally increases 21. A central bank may seek to influence its country's currency by: A: imposing limits on the number of goods that may be imported B: restricting the outflow of funds from the home country C: intervening directly in the FX market...

  • 2. Foreign exchange rate quotations An exchange rate is the price of one country’s currency expressed...

    2. Foreign exchange rate quotations An exchange rate is the price of one country’s currency expressed in another country’s currency.    The exchange rates of the euro (€ ) and the Japanese yen (¥) relative to the U.S. dollar ($) are listed as follows: Spot Rate Euro € 0.6589 / $1 Yen ¥ 105.7800 / $1 When exchange rates are stated in 1.(European/American) terms, the foreign exchange rate represents the number of American dollars that can be purchased with one...

  • An ___ reflects the amount of one currency required to purchase one unit of another currency. To put it simply, it is the ___ of foreign currency. This rate is set by ___ in foreign exchange markets....

    An ___ reflects the amount of one currency required to purchase one unit of another currency. To put it simply, it is the ___ of foreign currency. This rate is set by ___ in foreign exchange markets. When a currency becomes more valuable in the market, this is called ___; when a currency becomes less valuable, this is called ___. possible answers: interest rate supply and demand exchange rate inflation rate price depreciation appreciation monetary policy

  • 8) The price of one currency in terms of another is called A) the terms of...

    8) The price of one currency in terms of another is called A) the terms of trade. C) purchasing power parity B) a currency band D) the exchange rate. 19) -- exchange rates are either held constant or allowed to fluctuate( ) only within very narrow boundaries, A) managed float exchange rate system B) Freely exchange rate system ) pegged exchange rate system D) fixed exchange rate system : ------- Is the replacement (Jap) of a foreign currency with U.S...

  • Currency speculation takes place when Multiple Choice the exchange rate at which a foreign exchange dealer...

    Currency speculation takes place when Multiple Choice the exchange rate at which a foreign exchange dealer will convert one currency differs on a particular day. the growth in a country's money supply exceeds the growth in its output, leading to price inflation. the purchase of securities in one market are immediately resold in another to profit from a price discrepancy. there is a simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. there...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT