Which of the following terms refers to the price of one currency expressed in terms of another?
A)countertrade
B)monetization
C)credit derivative
D)exchange rate

Question

Quizplus · Accepted Answer

The term that refers to the price of one currency expressed in terms of another is exchange rate. Countertrade involves exchanging goods and services instead of currency, monetization refers to the process of converting assets or securities into monetary form, and credit derivatives are financial instruments used to manage credit risk.

Which of the Following Terms Refers to the Price of One