The foreign exchange rate is the rate at which:
A) taxes are imposed on foreign imports.
B) foreign goods are traded between domestic consumers.
C) one country's currency can be traded for another country's currency.
D) immigrants are exchanged between countries.

Question

Quizplus · Accepted Answer

The foreign exchange rate is the rate at which one country's currency can be exchanged for another country's currency.

The Foreign Exchange Rate Is the Rate at Which