TRUE OR FALSE An index of the weighted exchange value of the U. dollar versus the currencies of a broad group of major U. trading partners is called…

TRUE OR FALSEAn index of the weighted exchange value of the U.S. dollar versus the currencies of a broad group of major U.S. trading partners is called the trade-weighted dollar. PLEASE Justify your answer.

An index of the weighted exchange value of the U.S. dollar versus the currencies of a broadgroup of major U.S. trading partners is called the trade-weighted dollar.PLEASE Justify your answer….