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Andrei [34K]
3 years ago
9

An exchange rate used to be

Social Studies
1 answer:
larisa [96]3 years ago
6 0

An exchange rate is how much of your country's currency buys another foreign currency. For some countries, exchange rates constantly change, while others use a fixed exchange rate. The economic and social outlook of a country will influence its currency exchange rate compared to other countries. Hope this helps

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  • The most important invention of the time were <u>carts</u>.
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