In the FX markets a/an _____ quote is where the USD is the base currency.
A) cross rate
B) direct
C) American
D) indirect

Name: In the FX markets a/an _____ quote is where the USD is the base currency. A) cross rate B) direct C) American D) indirect
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Question

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In a direct quote, the domestic currency is the base currency and the foreign currency is the quote currency. As the question specifies that USD is the base currency, the answer would be a direct quote.

In the FX Markets A/an _____ Quote Is Where the USD