QUESTION IMAGE
Question
what are exchange rates?
a. the cost of international shipping
b. the amount of exports per person
c. the interest rate on loans
d. the value of one nations currency compared to anothers
Brief Explanations
Exchange rates refer to the value of one nation's currency compared to another's. Option A is about shipping costs, Option B is about exports per person, and Option C is about loan interest rates. None of these are related to currency value comparison.
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D. The value of one nation’s currency compared to another’s