Without the ____________ market,international trade and international investment on the scale that we see today would be impossible.

Question

Quizplus · Accepted Answer

The foreign exchange market is where currencies are bought and sold. Without it, countries could not convert their currencies into other currencies necessary to engage in international trade and investment. This market allows for the exchange of currencies, which facilitates cross-border transactions and capital flows. The other options (financial barter, foreign resale, monetary replacement, and capital market) do not accurately describe the importance of the foreign exchange market for international trade and investment.

Without the ____________ Market,international Trade and International Investment on the Scale