Multiple Choice
Which of the following is not a characteristic of the foreign exchange market as an OTC market?
A) The market has no specific physical location
B) Buyers and sellers conclude transactions via means of telecommunication
C) It comprises both spot and forward transactions
D) There are no floor brokers
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The average daily turnover in the foreign
Q5: In 2002, the EUR/AUD exchange rate fell
Q6: The term 'foreign exchange' means:<br>A) foreign reserves
Q7: In order of importance, the following were
Q8: In the interbank foreign exchange market, the
Q10: In the foreign exchange market, market makers:<br>A)
Q11: Which of the following is not a
Q12: Exporters participate in the foreign exchange market
Q13: Importers participate in the foreign exchange market
Q14: This means that: The following are the