multiple choice question\nthe rate at which the currency of one country can be exchanged for the currency of…

multiple choice question\nthe rate at which the currency of one country can be exchanged for the currency of another country is called the ______ rate.\nbloc\ntariff\nexchange\nembe go

multiple choice question\nthe rate at which the currency of one country can be exchanged for the currency of another country is called the ______ rate.\nbloc\ntariff\nexchange\nembe go

Answer

Brief Explanations:

The exchange rate is defined as the rate at which one country's currency can be exchanged for another country's currency. A bloc refers to a group of countries or entities with a common interest. A tariff is a tax on imported or exported goods. An embargo is a government - imposed restriction on trade with a particular country.

Answer:

C. exchange