The ________ helps consumers compare the relative prices of goods and services in different countries.
A) interest rate
B) GDP growth rate
C) exchange rate
D) tariff rate

Question

Quizplus · Accepted Answer

The exchange rate is the rate at which the market converts one currency into another. The exchange rate allows us to compare the relative prices of goods and services in different countries.

The ________ Helps Consumers Compare the Relative Prices of Goods