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.

Social Studies · Middle School · Tue Nov 03 2020

Answered on

C) the exchange rate.

The price of one nation's currency in terms of another nation's currency is referred to as the exchange rate. The exchange rate represents the value of one currency in relation to another and is a key factor in international trade and finance. Fiscal policy and monetary policy (options A and B) are related to a nation's economic policies, and the discount rate (option D) is a component of monetary policy, but none of these directly represent the exchange rate.

Related Questions