Which of the Following Is True of Foreign Exchange Markets

Multiple Choice

Which of the following is true of foreign exchange markets?

A) The foreign exchange market is a single gathering place where traders shout buy and sell orders at each other.
B) Individuals' exchanges of currencies comprise the largest portion of overall foreign exchange trading.
C) The laws of demand and supply are not applicable in a foreign exchange market.
D) Most foreign exchange trading involves the exchange of U.S.dollars for other currencies.