50.8k views
2 votes
The amount of one currency that can be traded for a unit of another currency is called the _____.

market price
exchange rate
one-for-one rate

User Lrleon
by
6.4k points

2 Answers

3 votes

Answer:

Exchange rate

Step-by-step explanation:

User Ivan Buttinoni
by
6.9k points
3 votes
Exchange rate is the correct answer. Exchange rate is the value of one currency for the purpose of conversion to another. 
User Valerij
by
6.6k points