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    The Economics of Money Banking Study Set 1
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    Exam 17: The Foreign Exchange Market
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    Today 1 Euro Can Be Purchased for $1
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Today 1 Euro Can Be Purchased for $1

Question 33

Question 33

Multiple Choice

Today 1 euro can be purchased for $1.10.This is the


A) spot exchange rate.
B) forward exchange rate.
C) fixed exchange rate.
D) financial exchange rate.

Correct Answer:

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