The foreign exchange market is a market for converting the currency of one country into that of another country. An exchange rate is simply the rate at which one currency is converted into another. a. True
b. False

“True”

Explanation:

True, because it is the exchange rate at which one currency is exchanged with other currency in the foreign exchange market. Here, this exchange rate is simply the price of one currency in terms of other currencies. For example, if a person wants 1 dollar against the INR then he must have to pay the prevailing exchange rate. Let's assume 1 dollar is equal to 70 INR then to exchange it with the dollar the person has to pay 70 INR for one dollars.

answer; ///i believe that the correct answer is (post conventional)

answerpublish a notice of the proposed rulemaking proceeding in the federal register;