The Exchange Rate Between the U

Multiple Choice

The exchange rate between the U.S. dollar and the euro can be quoted as ________.

A) the amount of U.S. dollars necessary to acquire one British pound, and this is the dollar price of one pound.
B) the number of euros necessary to acquire one Japanese yet, or the yen price of one dollar.
C) the amount of U.S. dollars needed to acquire one euro, and this is the dollar price of one euro.
D) the amount of U.S. dollars needed to acquire one Mexican peso, and this is the dollar price of one peso.