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30 November, 20:15

Which of the following statements are true? Select all that apply.

-The amount of one currency that can be traded for a unit of another currency is the exchange rate.

-Many exchange rates float, or constantly change.

-It is best to travel abroad when the exchange rate gets you more units of a foreign currency.

-Units of currency from different countries have the same value.

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  1. 30 November, 20:39
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    A. B. and C. D. is completely wrong!
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