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11) What does the term exchange rate refer to in international finance? A) The interest rate set by a country's central bank 2 EC202-730, MSU

11) What does the term "exchange rate" refer to in international finance? A) The interest rate set by a country's central bank 2 EC202-730, MSU Fall 2023 B) The rate at which one country's currency can be exchanged for another's C) The rate at which goods are traded between countries D) The price of gold in the international market

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