In order of importance, the following were the major currency pairs traded in 2007.
A) USD/JPY; USD/EUR; USD/GBP; and USD/AUD
B) USD/EUR; USD/JPY; USD/GBP; and USD/AUD
C) USD/GBP; USD/EUR; USD/JPY; and USD/AUD
D) USD/EUR; USD/GBP; USD/JPY; and USD/AUD
Correct Answer:
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Q9: Exporters participate in the foreign exchange market
Q10: Central banks buy and sell currencies on
Q11: The average daily turnover in the foreign
Q12: In order of importance, the following were
Q13: In order of importance, the following were
Q15: The U.S. dollar is the most heavily
Q16: The British pound is still heavily traded
Q17: An 'exotic' currency is a currency:
A) which
Q18: The substantial growth in the daily turnover
Q19: A foreign exchange transaction consists of the
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