
For individuals and firms involved in the import and export of goods and services, using the foreign exchange market is necessary, but incidental, to their underlying commercial or investment purpose.
Correct Answer:
Verified
Q26: The four currencies that constitute about 80%
Q27: Which of the following is NOT true
Q28: Currency trading is a service center rather
Q29: The greatest amount of foreign exchange trading
Q30: What are some of the reasons central
Q32: The _ is a derivative forward contract
Q33: The United Kingdom and United States together
Q34: Daily trading volume in the foreign exchange
Q35: _ is NOT one of the three
Q36: Dealers in the foreign exchange departments of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents