Multiple Choice
Which of the following is NOT true?
A) The FX market provides participants with an alternative source of credit.
B) Foreign exchange is traded in a single location in each country.
C) Importers and exporters are frequent users of FX.
D) An official FX dealer must be licensed by the RBA.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The US and sixteen member states of
Q3: Sterilised intervention by the RBA in the
Q4: The country with the highest weight in
Q5: Under an adjustable peg exchange rate regime,
Q6: The exchange rate AUD/USD 0.5439 is interpreted
Q7: The international 3- digit code for the
Q8: When the USD is worth less forward
Q9: Suppose the US interest rate is 6%
Q10: In order to obtain a licence to
Q11: Explain the meaning and use of forward