Hi I am little confused answers given. If a direct exchange rate quote is used as explained in the choice B, doesn't that means home currency is used as price currency & it tells us how many foreign currency is needed to buy one unit of US dollar?
Hi I am little confused answers given. If a direct exchange rate quote is used as explained in the choice B, doesn't that means home currency is used as price currency & it tells us how many foreign currency is needed to buy one unit of US dollar?