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The measure of how much one currency is worth in relation to another

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Why does customs exist Protect indigenous plant life Protect indeigenous animal life.Prevent major economic fluctuations All the above
Which of the following is a basic criticism of global financial institutions? A. They failed to focus on the aim of reducing inequalities between the rich and the poor countries.B. They failed to help the Asian countries substantially when they underwent a major financial crisis in the 1990s.C. They failed to respect the autonomy of member nations by deeming any bilateral agreements between members as illegal if made without their approval.D. They failed to foresee and counter the unintended effects of globalization like pollution, exploitation, and cultural extinction.E. They failed to suppress the terrorists who were responsible for the attack in London that coincided with the G8 summit.
Foreign Exchange Marketby Business & Economics Research Advisor, from the Library of CongressIn 1971, U.S. dollars were no longer exchanged for gold; and in 1973, the floating exchange rate system that governs the FX market today was put into place. Now, all currencies are valued by the market forces of supply and demand. Since the abandonment of the gold standard, the FX market has become an important part of international economics. With the advent of floating exchange rates, the foreign exchange market has become unregulated. No institution sets rules for trading, and it is not under the supervision of any international organization. When necessary, governments and central banks often work together to restore stability to the FX market. Foreign exchange and international trade are closely connected. Together, they affect the economic situation of people throughout the world. Currently, how are foreign exchange rates established?(A)

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