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28 July, 09:07

How do you define the term: foreign exchange rate?

A. value of currency of an importing nation

B. value of one nation's currency in terms of other nation's currency

C. value of currency of an exporting nation

D. rate charged by the commission agent

E. inflationary rate of the nation's economy

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Answers (2)
  1. 28 July, 09:20
    0
    Value of one nations currency in terns of other nations currency
  2. 28 July, 09:26
    0
    The dictionary definition is: Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency.

    so your answer will be B. value of one nation’s currency in terms of other nation’s currency
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Home » English » How do you define the term: foreign exchange rate? A. value of currency of an importing nation B. value of one nation's currency in terms of other nation's currency C. value of currency of an exporting nation D.
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