Western Union's role in foreign-exchange trading is best described as ________.
A)setting a fair exchange rate in multiple currencies
B)transferring currency from one country to another
C)transferring Mexican pesos from the United States to Mexico
D)handling all money transfers that occur between North and South America

Question

Quizplus · Accepted Answer

Western Union's primary role is to transfer currency from one country to another. While they may offer exchange rates, they do not necessarily set them or have a role in determining them. They also do not exclusively handle money transfers between North and South America or solely transfer Mexican pesos.

Western Union's Role in Foreign-Exchange Trading Is Best Described as ________