The foreign exchange market has a central trading floor where buyers and sellers meet
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Q8: A hard currency is hard because of
Q9: For a currency to become an international
Q10: A currency becomes hard or international when
Q11: A global currency is impossible
Q12: Inflation makes it impossible to have a
Q14: Business firms do not need to hedge
Q15: The spot rate is irrelevant for the
Q16: The foreign exchange rate is simply a
Q17: Inflation discourages lending but encourages borrowing
Q18: A currency's tendency to get out of
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