0
Not necessarily, depending upon what is exchanged. Only if the exchange of the "units of gold exchanged traded", is paralleled with an exchange that is equal and as well as, considered the risk value is comparable than that of the gold units exchanged.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What are the distinct units of data that are exchange between nodes on a network?
data packets
What is Future Market in Forex Exchange Market?
The futures contracts that are bought & sold in future market are completely based on a standard size. Moreover, the futures contracts include the details having number of units which are being traded, settlement & delivery dates and minimal increment in price. Both the future & forward contracts usually resolved for the exchange of cash in Forex Trading Signals.
Tiny psacs where gas exchange occurs?
The alveoli are the final branchings of the respiratory tree and act as the primary gas exchange units of the lung.
What is monetary economics and its scope?
The monetary economy is that part of a society's economic system where products and services are traded in exchange for money. A monetary economy stands in contrast to an economy based on bartering (called barter economy) or to an economy where goods are not traded, i.e. where the goods are produced and consumed by the same households (closed household economy). These two types of economies are said to be non-monetary economies. I define monetary economics to be the study of the causes and economic consequences of the monetization of exchange -- that is, of the use of media of exchange. These definitions lead me to specify the distinctive objective of monetary economics to be to understand: (1) the monetization of exchange and its relation to the technologies of production and of exchange, (2) the form that money takes and, especially, the viability of fiat money, (3) the determination and significance of the real value of units of money, and (4) the relation between the nominal quantity of money and aggregate economic activity.
What is defined as the rate at which a commodity is exchanged for money or other units of exchange?
The selling or market price
Why is it important to use system of units?
It is so that, in most transactions, both parties involved in the transaction know exactly what is being traded.
To convert us dollars into another currency what do you do?
divide the rate of exchange by the number of units of the other currency.
What is lot in currency trading?
The standard lot size is 100,000 units of the currency traded. 1 lot of EUR/USD worth 100,000 EUR.
What is a Taiwanese dollar?
Taiwanese dollar units are yuans and the currency is NTD (New Taiwan Dollar). The exchange rate of dollars to NTD is roughly 1:30.
How do you buy a used mobile home for your lot?
Look around mobile home parks, you will always find some for sale. Also it may be advantageous to look at manufacturers in your area,they often have units that are traded in .
What was the three strategies of the north?
Blockade the Southern ports, to stop them exporting their cotton in exchange for war supplies. Liberate the Mississippi, isolating all enemy units West of the river. End the system of prisoner-exchange, so the Confederates are bound to run out of men first.
