International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
International Business: The Challenges of Globalization (9th Edition) (What's New in Management)
9th Edition
ISBN: 9780134729220
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 9.4, Problem 1QS4
Summary Introduction

To Determine:

The word that is called when numerator in a quoted exchange rate, or the currency with which another currency is to be purchased.

Introduction:

Quoted currency is the numerator when any exchange rate is designated for trade.

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