Exchange Rates Flashcards
1
Q
What is the definition of exchange rates?
A
The value of one currency in terms of another currency
2
Q
What is SPICED?
A
S = strong
P = pound
I = imports
C = cheap
E = exports
D = dear
Business Studies > Exchange Rates > Flashcards
What is the definition of exchange rates?
The value of one currency in terms of another currency
What is SPICED?
S = strong
P = pound
I = imports
C = cheap
E = exports
D = dear