Economics · International Finance
A foreign exchange quotation expressed in a manner that reflects a variable number of foreign currency units vis-à-vis one fixed unit of local currency is termed as a/an ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Geographical Arbitrage
- 2Indirect Quotation✓
- 3European Quotation
- 4Direct Quotation
Correct answer
Indirect Quotation
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