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Sagot :
The amount of foreign currency it takes to buy one unit of domestic currency can be defined as an indirect quote. Hence, the correct option is (C).
What is an Indirect Quote?
Indirect quote or also known as quantity quotation is one of the terms used in the foreign exchange market. Basically, an indirect quote is the amount of foreign currency it takes to buy one unit of the domestic currency. We can use this indirect quote when we want to compare prices of goods or services abroad with our country's currency. For example, an American citizen who uses US Dollars as his currency can use an indirect quote with the Japanese currency with a result of 0.0073 Japanese Yen = 1 US Dollar.
Learn more about exchange rates at https://brainly.com/question/2202418
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