While traveling in France,Jim and his wife,both Americans,were concerned about how much they can afford to spend in Europe because sometimes the U.S.dollar will buy more goods and sometimes it will buy less,based on changing economic conditions.This change in the values of currencies and how they fluctuate in relation to each other is known as the ____ rate.
A) fluctuation
B) dividend
C) exchange
D) transaction
E) international
Correct Answer:
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