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Which of the Following Is Not True About Exchange Rates?​

Question 38

Multiple Choice

Which of the following is not true about exchange rates?​


A) ​A strengthening currency is evidenced by an increase in the directly quoted exchange rate.
B) ​Importers benefit from a strong dollar.
C) ​If one can buy 1 FC for $.50, $1.00 will buy 2 FC.
D) ​The points in an exchange rate, or broker's commission, are influenced by several factors, including supply and demand for currency.

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