Which of the following is not one of the four main uses that international businesses have for the foreign exchange market?
A) International businesses use foreign exchange markets to convert money they earn in foreign currencies to their home currencies
B) International businesses use foreign exchange markets in determining domestic wage rates
C) International businesses use foreign exchange markets when they have spare cash that they wish to invest for short terms in money markets
D) Currency speculation
E) Short term money market investments
Correct Answer:
Verified
Q4: The movement of foreign exchange rates
A) provide
Q5: Canadian businesses will normally use the _
Q6: The foreign exchange market converts the currency
Q7: Small Canadian businesses will be _ than
Q8: Although the _ offers some insurance against
Q10: The foreign exchange market serves two main
Q11: Which of the following statements is true?
A)
Q12: Without the _ market,international trade and international
Q13: A stronger Korean won,remembering that Kia cars
Q14: The _ is a market for converting
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