Solved

While Traveling in France,Jim and His Wife,both Americans,were Concerned About

Question 113

Multiple Choice

While traveling in France,Jim and his wife,both Americans,were concerned about how much they can afford to spend in Europe because sometimes the U.S.dollar will buy more goods and sometimes it will buy less,based on changing economic conditions.This change in the values of currencies and how they fluctuate in relation to each other is known as the ____ rate.


A) fluctuation
B) dividend
C) exchange
D) transaction
E) international

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions