The most accurate measure of the international value of the dollar is

Question

a. the British pound/dollar exchange rate.
b. the peso/dollar exchange rate.
c. the yen/dollar exchange rate.
d. an exchange rate index that accounts for many exchange rates.
e. the Brazilian real/dollar exchange rate.

Answer 1

The most accurate measure of the international value of the dollar is:

d. an exchange rate index that accounts for many exchange rates.

An exchange rate index provides a broader and more comprehensive view of the dollar's value by considering multiple currencies, which helps reflect the overall strength or weakness of the dollar in the global market.