Question : It measures the number of units of one currency required to exchange with one unit of another.

Option 1: Foreign exchange

Option 2: Foreign exchange market

Option 3: Foreign exchange rate

Option 4: None of the above.

Question

Question : It measures the number of units of one currency required to exchange with one unit of another.

Option 1: Foreign exchange

Option 2: Foreign exchange market

Option 3: Foreign exchange rate

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Foreign exchange market

Solution : Foreign exchange rate measures the number of Unit of one currency required to exchange with one unit of another.
Hence Option B is correct.

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Question : It measures the number of units of one currency required to exchange with one unit of another. Option 1: Foreign exchange Option 2: Foreign exchange market Option 3: Foreign exchange rate Option 4: None of the above.

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Question : It measures the number of units of one currency required to exchange with one unit of another.

Option 1: Foreign exchange

Option 2: Foreign exchange market

Option 3: Foreign exchange rate

Option 4: None of the above.