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kolitchko kolitchko
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6 years ago
Indirect quotations in terms of foreign currency refers to
A) expressing exchange rates as units of foreign currency in terms of domestic currency.
B) expressing exchange rates as units of domestic currency in terms of foreign currency.
C) expressing exchange rates of less traded currency by using a "major" currency.
D) expressing exchange rates in terms of commodities such as gold.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
Thanks
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Smart ... Thanks!
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2 hours ago
Thanks for your help!!
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