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The term foreign exchange rate refers to which of the following? a. A barter exchange of one good against another good b. The price of

The term foreign exchange rate refers to which of the following?

a.
A barter exchange of one good against another good

b.
The price of one currency in terms of another currency

c.
The market at which foreign currencies are traded

d.
The interest rate at which foreign currencies are borrowed in global markets

e.
All of the above

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Previous Question Next Question

	a.	A barter exchange of one good against another good
	b.	The price of one currency in terms of another currency
	c.	The market at which foreign currencies are traded
	d.	The interest rate at which foreign currencies are borrowed in global markets
	e.	All of the above