Solved: What is an exchange rate, What is an exchange rate? ?Please provide some examples. Links, Microeconomics

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What is an exchange rate

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Please provide scholarly Http or URL reference for each question , please complete in 8 hours/ 200 words for each question.

1. What is an exchange rate? ?Please provide some examples. Links provided by Professor:

https://economics.about.com/library/weekly/aa022703a.htm

https://www2.princetonreview.com/careers/70/foreign-exchange-trader

2. What do we mean by the term ABSOLUTE ADVANTAGE? What about the term COMPARATIVE ADVANTAGE?

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