The statements that are true include:
- The amount of one currency that can be traded for a unit of another currency is the exchange rate.
- Many exchange rate floats or constantly change.
- It is best to travel abroad when the exchange rate gets you more units of a foreign currency.
A floating exchange rate is typically set by the demand and the supply of the currency. Therefore, it changes.
Also, it's best to travel abroad when the exchange rate gets you more units of a foreign currency. This implies that one will have more money.
In conclusion, the correct options are A, B, and C.
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