The exchange rate
A) is the price of one country's money in terms of another country's money.
B) is largely determined by Treasury budget policy.
C) is not a market-determined price.
D) has little impact on the balance sheet and income statements of businesses with foreign holdings.
A
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Which of the following is an example of capital?
A) A cell phone bought by an individual for her younger brother B) A tractor used by a farmer for plowing his field C) A used television set purchased by a family D) Alcoholic beverages served at a corporate event
Refer to the diagram below. If box E represents government, box D the resource market, and box B the product market, then flows (5) and (7) represent:
A. Goods and services
B. Government expenditures
C. Resources
D. Net taxes