What is the value of one country's currency expressed in relation to the currency of another country?
A) countertrade
B) monetization
C) credit derivative
D) exchange rate

Question

Quizplus · Accepted Answer

The value of one country's currency expressed in relation to the currency of another country is known as the exchange rate. This rate determines how much of one currency can be exchanged for another currency.

What Is the Value of One Country's Currency Expressed in Relation