The foreign exchange market is the market in which
A)foreigners buy U.S. real estate.
B)foreign stocks and bonds are bought and sold.
C)ideas from different countries are exchanged.
D)currencies of different countries are bought and sold.

Question

Quizplus · Accepted Answer

The foreign exchange market is primarily focused on the buying and selling of currencies of different countries. It is a decentralized market where participants can trade currencies 24 hours a day, five days a week. It is also known as the forex market. Option A is incorrect because buying US real estate is not typically included in the forex market. Option B is incorrect because buying foreign stocks and bonds is not included in the forex market. Option C is incorrect because the forex market is not focused on the exchange of ideas between countries.

The Foreign Exchange Market Is the Market in Which