According to Application 17.1, "Foreign Exchange Markets,"which of the following statements is true?
A) Overall, the markets for foreign currencies are the largest markets in the world.
B) The United States, the United Kingdom, and Japan are among the main foreign exchange trading centers.
C) Banks, other financial institutions, and brokers are the main participants in foreign exchange markets.
D) All of the above are true.
Correct Answer:
Verified
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