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CIPS Exam A6 Topic 2 Question 59 Discussion

Actual exam question for CIPS's A6 exam
Question #: 59
Topic #: 2
[All A6 Questions]

Which of the following best defines the term 'Exchange rate'?(2 marks)

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Suggested Answer: D

by Pamella at Aug 23, 2024, 12:46 PM

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Dorian
11 months ago
D is the way to go. Exchange rates are all about the buying power of one currency compared to another. Simple as that.
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Rosalyn
10 months ago
User 4: D makes sense, it's all about the value of one country's currency compared to another.
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Linn
10 months ago
User 3: Definitely, it's important to know how much one currency is worth in relation to another.
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Dyan
10 months ago
I agree, exchange rates are all about comparing the value of different currencies.
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Ethan
10 months ago
I think D is the correct answer.
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Lezlie
11 months ago
I'm going with D. The other options just don't make any sense in the context of exchange rates.
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Staci
10 months ago
Yeah, D is definitely the right choice. It's all about the exchange rate between different currencies.
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Krissy
11 months ago
I agree, D is the correct answer. It's about the value of one country's currency compared to another.
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Kirk
11 months ago
I'm going with D. The other options just don't make any sense in the context of exchange rates.
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Adelina
11 months ago
Haha, A and C are totally irrelevant to exchange rates. Those seem like they were just thrown in there to confuse us.
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Pamela
10 months ago
Yes, let's go with D) as the best definition of exchange rate.
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Justine
10 months ago
So, we both think it's D) right?
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Osvaldo
10 months ago
I agree, A and C are definitely not related to exchange rates.
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Genevieve
10 months ago
I think the answer is D) The value of one country's currency measured against that of another.
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Teresita
12 months ago
I was thinking B might be the right one, since the speed of payment is also related to exchange rates. But I guess D is more accurate.
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Nickolas
11 months ago
I agree, D is the best definition for exchange rate.
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Maurine
11 months ago
I think D is the correct answer. It's about the value of one currency compared to another.
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Rory
12 months ago
Actually, the correct answer is D because exchange rate is the value of one country's currency in relation to another.
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Glory
12 months ago
I'm not sure, but I think it's A.
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Celestine
12 months ago
I agree with Jolene, the exchange rate is the value of one country's currency compared to another.
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Jolene
1 years ago
I think the answer is D.
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Linsey
1 years ago
D definitely seems like the correct answer here. The exchange rate is all about the relative value of different currencies.
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Anglea
11 months ago
I'm going with D too. It's definitely about the value of different currencies.
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Terrilyn
11 months ago
Actually, I believe it's D as well. It's about the value of one currency compared to another.
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Bulah
12 months ago
I think it's A, the amount of business transacted between countries.
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Audry
12 months ago
I agree, D is the correct answer. It's all about comparing the value of different currencies.
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