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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
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    A Bilateral Exchange Rate Is an Exchange Rate
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A Bilateral Exchange Rate Is an Exchange Rate

Question 90

Question 90

Multiple Choice

A bilateral exchange rate is an exchange rate:


A) that has two sides: maximal and minimal.
B) that has exhibited both appreciation and depreciation.
C) that is a hybrid between fixed and floating.
D) between two currencies.

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