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    Exam 5: The Global Financial System and Exchange Rates
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    The Price of One Currency in Terms of Another Country's
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The Price of One Currency in Terms of Another Country's

Question 27

Question 27

Multiple Choice

The price of one currency in terms of another country's currency is known as the


A) nominal exchange rate.
B) real exchange rate.
C) relative inflation rate.
D) purchasing power parity rate.

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