Exchange Rate

What is the primary function of a currency?

• A form of cryptocurrency

• Money issued by a country

• A type of investment

• A system to gain employment

Which of the following is NOT a form of dollar currency?

• Pound

• Singapore Dollar

• Australian Dollar

• Canadian Dollar

What determines the exchange rate in most countries?

• The country's government

• Cryptocurrency values

• The forex market

• Fixed rates only

Which currency is commonly used in international trade?

• Euro

• Bitcoin

• Yen

• US Dollar

What is Bitcoin classified as?

• A type of forex

• A form of the US Dollar

• A cryptocurrency

• A traditional currency