Question

HELP ME PLEASE

The price of one nation's currency in terms of another nation's currency is called
A) fiscal policy.
B) monetary policy.
C) the exchange rate.
D) the discount rate.

Answer 1

The correct answer is c) the exchange rate

Step-by-step explanation:

Answer 2

C) the exchange rate
This is when you go to another country and exchange your form of currency into that countries form of currency.
an example is that if you have 1 U.S. dollar and you exchange it for Canadian currency you would recieve $1.28 because the american dollar is worth more.