The ______________ is the market that enables companies based in countries that use different currencies to trade with each other.

Question

Quizplus · Accepted Answer

The foreign exchange market is the market that enables companies based in countries that use different currencies to trade with each other. The World Bank is an international financial institution that provides loans and grants to countries for development projects. Foreign currency exchange, foreign monetary mart, and foreign exchange mechanism are not commonly used terms to refer to the market that facilitates currency exchange between countries.

The ______________ Is the Market That Enables Companies Based in Countries