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9 7 . 4 7 Chilean pesos per Moroccan dirham, i . e . , CLP 9 7 . 4 7 / MAD , quoted

97.47

Chilean pesos per Moroccan dirham, i

.

.,

CLP

97.47 /

MAD

,

quoted in Moroccan

(

CLP stands for Chilean peso, currency of Chile, and MAD stands for Moroccan dirham, currency of Moroccan

)

Question

3

options:

an indirect quote.

a cross exchange rate.

a direct quote.

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