Currency exchange rates are based on
a. the gold standard
b. one-for-one exchanges
c. each country's economy
d. current bartering

The correct answer is C. Each country's economy

Explanation:

In the economy, currency exchange rates refer to the value or equivalence between the currency of different countries. For example, it is common the Euro which is used in Europe has a higher value than the Dollar used in the U.S. Additionally, currency exchange rates are not fixed because it is common the currency of countries change its value, this can be explained as economic factors within a country affect the value of the currency and therefore the currency exchange rates, these factors include demand/supply, inflation, economic growth, economic crises, among others. Thus, currency exchange rates are based on each country's economy.

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

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