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20 February, 20:36

Which of the following statements are true? Select all that apply.

-The amount of one currency that can be traded for a unit of another currency is the exchange rate.

-Many exchange rates float, or constantly change.

-It is best to travel abroad when the exchange rate gets you more units of a foreign currency.

-Units of currency from different countries have the same value.

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  1. 20 February, 22:41
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    A. B. and C. D. is completely wrong!
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