Skip to content

Course home

6.4.1 definition of exchange rate

What is an exchange rate?

A

The quantity of goods exchanged between two countries.

B

The price of one currency expressed in terms of another.

C

The total value of a country’s exports minus its imports.

D

The interest rate charged on international currency loans.

6.4.1 definition of exchange rate Flashcards

  1. Intl A Level
  2. /Economics
  3. /6.4.1 definition of exchange rate

21 flashcards on CIE Intl A Level Economics 6.4.1 definition of exchange rate: the key terms and definitions you need to recall.