Asked by
Dyquan Gipson
on Dec 08, 2024
Verified
Which of the following factors affects a country's exchange rate?
A) The country's geographical position
B) The neighboring country's exchange rate
C) The country's political conditions
D) The country's population
Political Conditions
The state of the political environment in a country, including factors such as government stability, laws and policies, and political events.
- Acknowledge the importance of exchange rates in the context of global trade.
Verified Answer
MV
Learning Objectives
- Acknowledge the importance of exchange rates in the context of global trade.