Considering foreign exchange transactions:
A) the U.S. dollar is exchanged in roughly 50% of all currency transactions.
B) all transactions involve the use of the U.S. dollar.
C) most of these transactions are handled in New York.
D) more transactions are handled in London than anywhere else.

Question

Quizplus · Accepted Answer

London is the largest foreign exchange market in the world, handling more transactions than any other city.

Considering Foreign Exchange Transactions