Economics 0455 · IGCSE · Foreign exchange rates

Foreign exchange rates — practice question

What is measured by the foreign exchange rate between Malaysia and the US?

  • Athe cost of the Malaysian currency in the US currency
  • Bthe difference in the cost of living between Malaysia and the US
  • Cthe difference in the standard of living between Malaysia and the US
  • DGDP of Malaysia divided by the GDP of the US

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