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The _____ expresses the value of one nation's currency in terms of another nation's currency. Answer liquidity ratio exchange rate countertrade ratio discount rate
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Asked 9/14/2012 5:26:22 PM
Updated 9/19/2014 6:48:18 PM
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User: The _____ expresses the value of one nation's currency in terms of another nation's currency. Answer liquidity ratio exchange rate countertrade ratio discount rate

Weegy: Fixed exchange rate
Expert answered|tjdcet|Points 21|



Question
Asked 9/14/2012 5:26:22 PM
Updated 9/19/2014 6:48:18 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [9/19/2014 6:48:18 PM]
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The Exchange rate expresses the value of one nation's currency in terms of another nation's currency.

Added 9/19/2014 6:47:54 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/20/2014 12:46:39 AM]
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Although Russia is rich in human resources and natural resources, the country ranks relatively low in terms of gross national income per person. The missing ingredient seems to be lack of entrepreneurship due to: Rising levels of government corruption.

Added 5/30/2015 9:31:40 PM
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Confirmed by jeifunk [5/31/2015 5:38:34 AM]
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