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The exchange rate of a currency is the price of one unit of currency against the other. True False Question 12(1 point) Saved An exporter

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The exchange rate of a currency is the price of one unit of currency against the other. True False Question 12(1 point) Saved An exporter would ideally like to receive payment on account, while the importer would ideally like to make payment in advance. True False Question 13 (1 point) Saved Cash on delivery and Open account poses risk todimporter. True False

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