What is the basic definition of the nominal exchange rate? a) The amount of foreign currency exchanged for one unit of domestic currency. b) The ...

What is the basic definition of the nominal exchange rate?

a) The amount of foreign currency exchanged for one unit of domestic currency.
b) The amount of domestic currency exchanged for one unit of foreign currency.
c) The price of a unit of foreign currency in terms of domestic currency.

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5/2/2024

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Ciências Sociais • I E De SantanderI E De Santander

Daniela González

Daniela González

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