The rate at which one currency is exchanged for another depends on the size of the transaction, the trader conducting it, and general economic conditions.

Question

Quizplus · Accepted Answer

The rate at which one currency is exchanged for another is affected by various factors such as the size of the transaction, the trader involved, and the prevailing economic conditions in the market. Therefore, the statement is true.

The Rate at Which One Currency Is Exchanged for Another