EBK PEARSON ETEXT INTERNATIONAL BUSINES
EBK PEARSON ETEXT INTERNATIONAL BUSINES
9th Edition
ISBN: 9780136846871
Author: Wild
Publisher: VST
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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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