The term 'foreign exchange' means:
A) foreign reserves held by central banks
B) coins, notes and bank deposits in foreign currencies
C) loans and bonds denominated in foreign currencies
D) foreign coins and banknotes
Correct Answer:
Verified
Q2: Which of the following is not a
Q3: Which of the following is not a
Q4: A price taker in the foreign exchange
Q5: A price maker in the foreign exchange
Q6: A foreign exchange broker earns income by:
A)
Q7: A foreign exchange dealer engages in:
A) taking
Q8: Importers participate in the foreign exchange market
Q9: Exporters participate in the foreign exchange market
Q10: Central banks buy and sell currencies on
Q11: The average daily turnover in the foreign
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