In a foreign exchange market,one country's currency is exchanged for another's.

Name: In a foreign exchange market,one country's currency is exchanged for another's.
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Quizplus · Accepted Answer

This is true. In a foreign exchange market, different currencies are traded and exchanged for each other. For example, someone might exchange US dollars for Japanese yen or Euros for British pounds. This market is also sometimes referred to as the forex market.

In a Foreign Exchange Market,one Country's Currency Is Exchanged for Another's