The price of one nation's currency in terms of the currency of another nation is called the
A) IMF rate.
B) fed funds ratio.
C) exchange rate.
D) discount rate.
C
Economics
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The focus of the Ricardian model is on how differences in _________ influence international trade patterns.
a. demand b. comparative costs c. absolute costs d. transportation costs
Economics
Which of the following is NOT true of restrictive covenants?
A) They sometimes require borrowers to maintain the value of collateral offered to the lender. B) They increase the marketability and liquidity of loans. C) They sometimes require a borrower to maintain a certain minimum level of net worth. D) They sometimes limit a borrower's risk taking.
Economics