General Studies · International Business
Foreign exchange quotation when expressed in a manner that reflects the exchange of a specified number of foreign currencies vis-a-vis one unit of local currency is expressed as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Direct Quotation
- 2European Quotation
- 3Indirect Quotation✓
- 4Geographical Arbitrage
Correct answer
Indirect Quotation
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