Currency Exchange Rate Refers to

Multiple Choice

Currency exchange rate refers to

A) the unit equivalency of all international currency.
B) the ratio of a nation's basic unit of currency to the international gold standard.
C) the ratio of a nation's basic unit of currency relative to its own cache of gold.
D) the price of one country's currency expressed in terms of another country's currency.
E) the unit of wealth (gold, oil, diamonds, etc.) upon which a nation bases its national currency.