contestada

The nominal exchange rate is the a. nominal interest rate in one country divided by the nominal interest rate in the other country. b. the ratio of a foreign country's interest rate to the domestic interest rate. c. rate at which a person can trade the currency of one country for another. d. the real exchange rate minus the inflation rate.

Respuesta :

The nominal exchange rate is the rate at which a person can trade the currency of one country for another.

The nominal interest rate is a set rate that will show you what your currency is worth in other counties. This will allow you to see what you are able to get for your money when traveling or visiting other countries. 

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