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    International Business Study Set 3
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    Exam 9: The Foreign Exchange Market
  5. Question
    The Rate at Which One Currency Is Converted into Another
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The Rate at Which One Currency Is Converted into Another

Question 71

Question 71

Multiple Choice

The rate at which one currency is converted into another is the:


A) replacement percentage.
B) resale rate.
C) exchange rate.
D) interchange ratio.

Correct Answer:

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