Some Possible Consequences of the Expansion of Direct On-Line Computer

Some possible consequences of the expansion of direct on-line computer trading of foreign exchange include:

A) substantial job losses in the foreign exchange departments of commercial banks and dealers.
B) spreads between buy and sell quotes will widen.
C) transaction costs for exporters, importers, and international investors will increase.
D) All of the above.
E) None of the above.