An ________ is the price of one currency in terms of a second currency.
A) export rate
B) exchange rate
C) excise tax rate
D) interest payment

Name: An ________ is the price of one currency in terms of a second currency. A) export rate B) exchange rate C) excise tax rate D) interest payment
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An exchange rate is the value of one currency for the purpose of conversion to another. It tells you how much one currency is worth in terms of another currency.

An ________ Is the Price of One Currency in Terms