Which term refers to money denominated in the currency of another nation or group of nations?
A)foreign exchange
B)foreign subsidy
C)export tariff
D)quota

Question

Quizplus · Accepted Answer

Foreign exchange refers to the conversion of one currency into another, and the purchase and sale of currencies of different countries. It is used to facilitate international trade and investment.

Which Term Refers to Money Denominated in the Currency of Another