kkhloegrace2011 kkhloegrace2011

09-08-2024
Business

Answered

Which of the following is the main cause of changes in foreign exchange rates?

A. Types of resources in a country
B. Supply and demand
C. A conversion proportion
D. Imports and exports

Answer :

GinnyAnswer GinnyAnswer

09-08-2024

Final answer:

Supply and demand is the primary factor influencing foreign exchange rates in the market.

Explanation:

Supply and demand is the main cause of changes in foreign exchange rates. Changes in demand for a country's currency or changes in its supply can significantly affect macroeconomic activity. Speculators, differences in rates of return, and various economic factors impact the exchange rates in the foreign exchange market.

Learn more about Foreign exchange rates here:

https://brainly.com/question/29727700

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