
The greatest amount of foreign exchange trading takes place in the following three cities:
A) New York, London, and Tokyo.
B) New York, Singapore, and London.
C) London, Frankfurt, and Paris.
D) London, Tokyo, and Zurich.
Correct Answer:
Verified
Q24: A spot transaction in the interbank market
Q25: Most transactions in the interbank foreign exchange
Q26: The four currencies that constitute about 80%
Q27: Which of the following is NOT true
Q28: Currency trading is a service center rather
Q30: What are some of the reasons central
Q31: For individuals and firms involved in the
Q32: The _ is a derivative forward contract
Q33: The United Kingdom and United States together
Q34: Daily trading volume in the foreign exchange
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