148k views
4 votes
An exchange rate is used to

A) promote the argument supporting free trade.
B) promote the use of subsidies on foreign goods.
C) determine the price of one country's imports in terms of another country's imports.
Eliminate
D) determine the price of one country's currency in terms of another country's currency.

User Timar
by
7.8k points

2 Answers

1 vote

The answer is D: Hope this helps

User Busch
by
8.9k points
0 votes
The answer is D) It is used to determine the price of one country's currency in terms of another country's currency.
User Jason Hall
by
8.1k points