An Exchange Rate Can Be Described As

Multiple Choice

An exchange rate can be described as:

A) the price of a foreign currency as determined by the World Bank.
B) the price of one country's currency in terms of another country's currency.
C) the dollar value of imports and exports undertaken in the world economy during a year.
D) the price of foreign currency as established by the relative amount of tourism.
E) the dollar value of U.S.international trade.