ryudragonfalcon
Answered

Which best describes the exchange of currencies ?

AOne set of goods are bartered for a different set of goods.

BGoods or Services are exchanged for money from a foreign country.

CBonds are purchased with stocks or stocks are purchased with bonds.

DMoney from one country is bought using money from another country.

Verified Answer :

The answer is D.  an exchange of currencies happens when you "trade" one currency for another, which can also be thought of buying one currency in the form of another currency.

So for example, if you were going to exchange the US Dollar for Mexican Pesos, the exchange rate is 1 USD to 17 MXN.  Therefore, to get 17 MXN, you need to pay 1 USD.

Does that make sense?

Answer:

Merchants from different places exchange one type of coin to another.

Explanation: