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Basic Question 1 of 12

The textbook uses the convention of A/B = e to identify exchange rates. The price currency is ______.

A. A
B. B
C. e

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Learning Outcome Statements

describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency

CFA® 2024 Level I Curriculum, Volume 1, Module 7.