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5. A direct exchange rate quote is one in which the exchange rate is quoted a) in terms of how many units of domestic currency

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5. A direct exchange rate quote is one in which the exchange rate is quoted a) in terms of how many units of domestic currency can be converted into one unit of foreign currency. b) for the immediate delivery of currencies exchanged. c) for the future delivery of currencies exchanged. d) in terms of how many units of foreign currency can be converted into one unit of domestic currency. 5. A direct exchange rate quote is one in which the exchange rate is quoted a) in terms of how many units of domestic currency can be converted into one unit of foreign currency. b) for the immediate delivery of currencies exchanged. c) for the future delivery of currencies exchanged. d) in terms of how many units of foreign currency can be converted into one unit of domestic currency

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