If you travel to a foreign country, which of the following would have the greatest impact on the cost of your trip?

A. The number of taxis available in the country.
B. If the country has a trade surplus.
C. The per capita GDP of the country you visit.
D. The current exchange rate.

Question

22-07-2024
Business

Answered

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If you travel to a foreign country, which of the following would have the greatest impact on the cost of your trip?

A. The number of taxis available in the country.
B. If the country has a trade surplus.
C. The per capita GDP of the country you visit.
D. The current exchange rate.

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-22T18:14:28-04:00

Final answer:

The exchange rate has the most significant impact on travel costs to a foreign country.

Explanation:

The current exchange rate would have the greatest impact on the cost of your trip when traveling to a foreign country. The exchange rate determines how much of your home country's currency you need to purchase the foreign currency; a weaker exchange rate means your trip will cost more in terms of your home currency.

Learn more about Exchange rates here:

https://brainly.com/question/44067438

Sagot :

Final answer:

Explanation:

Learn more about Exchange rates here:

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