Economics · International Finance
A foreign exchange quotation expressed as the number of units of a foreign currency required to purchase one unit of the domestic (local) currency is known as a/an:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Cross Rate
- 2Indirect Quotation✓
- 3American Quotation
- 4Direct Quotation
Correct answer
Indirect Quotation
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