Currency speculation typically involves
A) the short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.
B) the permanent movement of funds from one currency to another in the hopes of profiting from long-term investment in a particular country.
C) the simultaneous purchase of currencies from several countries in hopes of profiting from increasing economic prosperity.
D) the liquidation of currency in favour of precious metals as a hedge against inflation.
E) Buying low and holding currency until it stabilizes, than selling
Correct Answer:
Verified
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