An Indirect Exchange Rate Quotation Is One in Which the Exchange

Multiple Choice

An indirect exchange rate quotation is one in which the exchange rate is quoted:

A) in terms of how many units of the domestic currency can be converted into one unit of foreign currency.
B) for the immediate delivery of currencies exchanged.
C) in terms of how many units of the foreign currency can be converted into one unit of domestic currency.
D) for the future delivery of currencies exchanged.