Ask a New Question

Question

Exchange rates always stay the same true or false
1 year ago

Answers

GPT 3.5
False. Exchange rates are constantly changing due to various factors such as economic conditions, political events, and market speculation.
1 year ago

Related Questions

Explaining Exchange Rates Suppose that under the Bretton Woods system, the dollar is pegged to go... what are foreign exchange rates and how are they determined. How are currency exchange rates determined? Money exchange rates stay the same. They do not change. True? or False? or should I say Cierto or... Currency Exchange rates are based on. a. Each Country's economy. b. Current Bartering. c. The G... explain how exchange rates are determined in an open-currency regime Why are foreign exchange rates necessary in trade? Responses A Rates help to balance imports and... Exchange rates can indicate economic health by A: showing exactly how much of each nation’s curre... Pegged exchange rates are also known as which of the following? Responses Spot exchange rates S... Exchange rates show the value of one country’s currency in relation to other countries’__________....
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use