Multiple Choice
In the spot market, the ________ is the difference between the bid and offer rates and is the trader's profit margin.
A) bid
B) offer
C) cross rate
D) spread
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: In a _, one party directs another
Q67: If the forward rate for a foreign
Q68: Companies use the foreign-exchange market to convert
Q69: Which of the following is most likely
Q70: The relationship between the value of the
Q72: An irrevocable letter of credit is the
Q73: As a trading currency, the euro is
Q74: If Toranaga-san, who works for a Japanese
Q75: What is remittance income? What institutions in
Q76: Why are options most likely so attractive