Which two statements describe domestic stocks? They are directly affected by exchange rate fluctuations. They are always traded
in local currency. They are likely to be unfamiliar to investors. They are based in the investor’s country of residence. They form an important part of foreign trade.
They are based in the investor’s country of residence
They are always traded in local currency.
Step-by-step explanation:
Stocks, in general, indicate ownership shares of a company and domestic stocks as the name suggests are stocks that are based in the investor's home country.
These domestic stocks are almost always traded in local currency and they are a great help to local investors because it eliminates the currency risk because of exchange rates which can change at any time.
Given that 1/3 of a box is 6 dollars, we can say that per dollar is 1/18 of a box. If you have 4 dollars, this would mean that you can buy 4/18 of a box to 2/9 of a box. Hope this answers your question. Have a great day ahead!
