Which One of the Following Statements Concerning Foreign Exchange Is

Which one of the following statements concerning foreign exchange is correct?

A) The change in an exchange rate between two countries is approximately equal to the sum of the inflation rates in the two countries.
B) The foreign exchange market is second in size only to the New York Stock Exchange.
C) Speculators and traders tend to magnify triangle arbitrage opportunities.
D) Importers tend to be participants in the forward markets.
E) Absolute purchasing power parity commonly exists in the foreign exchange markets.