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  2. Topic
    Business
  3. Study Set
    Applied International Economics
  4. Exam
    Exam 14: Exchange Rates and Their Determination: A Basic Model
  5. Question
    What Is the Difference Between Direct and Indirect Quotes of the Exchange
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What Is the Difference Between Direct and Indirect Quotes of the Exchange

Question 22

Question 22

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What is the difference between direct and indirect quotes of the exchange rate? Give an example of each.

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In the context of foreign exchange (fore...

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