Independent of trade,currency flows set _____ rates,which are the values of currencies relative to each other.
A) prime lending
B) interest
C) discount
D) exchange

Question

Quizplus · Accepted Answer

Currency flows set exchange rates, which determine the value of a currency in relation to another currency. Prime lending, interest, and discount rates are all related to the cost of borrowing money and do not directly affect currency values.

Independent of Trade,currency Flows Set _____ Rates,which Are the Values