Question

The equilibrium exchange rate between two currencies is determined by the supply and demand in the, traded goods markets. stock exchange markets. foreign exchange markets. money markets.

Answer 1

Answer:

the equilibrium exchange rate between 2 currencies is determined by the supply and demand in the money market

Explanation:

equilibrium exchange rate indicates that the price of exchanging 2 currencies will be stable. equilibrium exchange rate is exchange rate at which the demand for a currency & the supply for the same currency are the same.

Answer 2

confusing , but i’m gonna need you to elaborate so i can understand more