The exchange rates of a currency are responsible for the purpose of comparison of currencies of two different countries.
<h3>What is currency exchange?</h3>
The rate at which the one currency is exchanged at with another currency(s) is known as the rate of currency exchange. These currencies generally vary with a change in their countries.
Hence, option C holds true regarding the currency exchange.
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Answer:
C to look for a new trade route to Asia.
Explanation:
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Answer:
In the first unqualified defeat of a British naval squadron in history, U.S. Captain Oliver Hazard Perry leads a fleet of nine American ships to victory over a squadron of six British warships at the Battle of Lake Erie during the War of 1812.
