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​A Quotation Representing the Value of a Foreign Currency in Dollars

Question 97

Multiple Choice

​A quotation representing the value of a foreign currency in dollars is referred to as a(n) ____ quotation; a quotation representing the number of units of a foreign currency per dollar is referred to as a(n) ____ quotation.


A) ​direct; indirect
B) ​indirect; direct
C) ​direct; direct
D) ​indirect; indirect
E) ​cannot be answered without more information

Correct Answer:

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