The foreign exchange market is
A)made up of importers, exporters, banks, international travellers, and specialist traders.
B)the place where people exchange the currencies of different countries.
C)the market in which more than $600 trillion in foreign exchange is traded each year.
D)both A and C are correct.
E)both A and B are correct.

Question

Quizplus · Accepted Answer

The foreign exchange market is made up of importers, exporters, banks, international travelers, and specialist traders. It is the place where people exchange the currencies of different countries. More than $600 trillion in foreign exchange is traded each year.

The Foreign Exchange Market Is