The substantial growth in the daily turnover in the Australian foreign exchange market, since deregulation in 1983, may be attributed to:
A) the enhanced opportunities for foreign investment post deregulation
B) Australia's above average level of real interest rates post deregulation
C) Australia's time zone, which links trading in New York and Europe
D) all of the given answers
Correct Answer:
Verified
Q13: In order of importance, the following were
Q14: 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
Q19: A foreign exchange transaction consists of the
Q20: In the interbank foreign exchange market, the
Q21: In the foreign exchange market, a 'contract
Q22: If the exchange rate between the Australian
Q23: If the exchange rate between the Australian
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