Foreign exchange ________ earn a profit by a bid-ask spread on currencies they purchase and sell. Foreign exchange ________, on the other hand, earn a profit by bringing together buyers and sellers of foreign currencies and earning a commission on each sale and purchase.
A) central banks; treasuries
B) dealers; brokers
C) brokers; dealers
D) speculators; arbitragers
Correct Answer:
Verified
Q1: It is characteristic of foreign exchange dealers
Q3: _ seek to profit from trading in
Q3: Dealers in foreign exchange departments at large
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Q7: Daily trading volume in the foreign exchange
Q10: Which of the following is NOT a
Q14: Because the market for foreign exchange is
Q17: The primary motive of foreign exchange activities
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