samahayache5588 samahayache5588

03-12-2019
Business

contestada

The nominal exchange rate
a) is the difference between the interest rate in one country and the interest rate in another country.
b) the rate at which a bond may be exchanged for currency.
c) the rate at which a stock may be exchanged for currency.
d) the price of one country's currency in terms of another's.

Respuesta :

Emhicee Emhicee

03-12-2019

Answer: D: the price of one country's currency in terms of another's.

Explanation: the number of units of a local currency required to exchange for another number of units of a foreign currency is called the nominal exchange rate.

For example, if £1 = $1.5, it means that one pound is required to exchange for two American dollar.

Answer Link

Otras preguntas

In rectangle abcd, diagonal ac, which is 20 inches in length

The surprise ending is a figure of speech. True or False

If h(x)=x-7 and g(x)=x^2, witch expresión is equivalent to(g*h)(5)?

Manning Company purchased a factory for $120,000. The factory included land, a building, and equipment. The land contributes 40.8%, the building contributes 49.

Which region did the United States obtain from Great Britain? California Oregon Country Texas

Azotobacter is a genus of bacteria that live in soil and have the following characteristics: a. They are bacilli. b. They are gram-negative. c. They are obligat

During the latest year, Sky Inc. had total sales of $500,000, net income of 30,000, and its year-end total assets were $250,000. The firm’s total debt to total

A new school has opened in the area the school did not have yearbook before 2010. In 2010 there were 500 yearbooks sold . In 2014 there were 1000 yearbooks sold

HELP PLEASE (Solve this problem using the appropriate law). what is the volume of 0.382 moles of hydrogen gas at 1.50 atmospheres pressure and a temperature of

a store in Rogers's neighborhood sells boxes of pencils that have 6 pencils in each box. roger bought several boxes of pencils at the store. which could be the