The exchange rate between the dollar and the euro is a. the price of

The exchange rate between the dollar and the euro is

a. the price of European goods relative to U.S. goods.
b. the price of U.S. goods relative to European goods.
c. the number of euros you get for lending one dollar to a European for a year.
d. the number of euros you get for one dollar.

 

ANSWER

D

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