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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    The Price of One Country's Currency in Terms of Another
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The Price of One Country's Currency in Terms of Another

Question 102

Question 102

Multiple Choice

The price of one country's currency in terms of another country's currency is the


A) balance of trade.
B) exchange rate.
C) terms of trade.
D) currency valuation.

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