Buyers and sellers in the foreign exchange market negotiate an exchange of

Question

Quizplus · Accepted Answer

Buyers and sellers in the foreign exchange market negotiate the exchange of different currencies of various countries. This market is also known as the forex market, where individuals, businesses, and even governments participate in exchanging currencies for various purposes such as international trade, tourism, investment, and speculation. Therefore, option D is the best choice as it accurately describes the nature of the foreign exchange market.

Buyers and Sellers in the Foreign Exchange Market Negotiate an Exchange