Solved

Which of the Following Correctly Describes a Foreign Exchange Market

Question 7

Multiple Choice

Which of the following correctly describes a foreign exchange market?


A) A place where foreign goods are bought and sold in any country
B) A market in which foreign tourists can buy domestic goods
C) A global market in which people exchange one currency for another
D) A place where contracts to deliver agricultural products across countries are exchanged
E) A market where the central banks of different countries exchange government bonds

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions