2.What is the value of one country's currency expressed in relation to the currency of another country?

A) countertrade

B) monetization

C) credit derivative

D) exchange rate

3.Which of the following statements is TRUE when a national currency can be undervalued?

A) They cannot be quantified.

B) They remain highly stable.

C) They can result in a trade surplus.

D) They change occasionally.

4.Which of the following resolves the problem of making international payments and facilitates international investment and borrowing among firms, banks, and governments?

A) foreign exchange

B) barter

C) capital flight

D) buyback