Companies most likely use the foreign-exchange market to ________.
A) diversify their expenses from other sources
B) convert money for use in financial transactions
C) increase their presence on the black market
D) acquire currency from emerging markets
Correct Answer:
Verified
Q60: Which of the following is the price
Q61: Which of the following is NOT a
Q62: Why would companies become involved in arbitrage?
Q63: What are the characteristics of the spot
Q64: If a company from Country A decides
Q66: An irrevocable letter of credit _.
A)is issued
Q67: The Chicago Mercantile Exchange and NASDAQ are
Q68: Companies most likely use the foreign-exchange market
Q69: Jason works in finance at an MNE.Part
Q70: A speculator is someone who _.
A)trades foreign
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents