question 6\nthe ______ is the value of one currency in terms of another.\n○ balance of trade\n○ exchange…

question 6\nthe ______ is the value of one currency in terms of another.\n○ balance of trade\n○ exchange rate\n○ balance of payments\n○ investment exchange\n○ favorable rate

question 6\nthe ______ is the value of one currency in terms of another.\n○ balance of trade\n○ exchange rate\n○ balance of payments\n○ investment exchange\n○ favorable rate

Answer

Brief Explanations:

The exchange rate represents the value of one currency in terms of another. Balance of trade is about the difference in a country's exports and imports. Balance of payments is a broader record of all economic transactions between a country and the rest of the world. Investment exchange and favorable rate are not the standard terms for currency - to - currency value representation.

Answer:

B. exchange rate