Solved

The ________ Is the Mechanism by Which Participants Transfer Purchasing

Question 37

Multiple Choice

The ________ is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks of exchange rate changes.


A) futures market
B) federal open market
C) foreign exchange market
D) LIBOR

Correct Answer:

verifed

Verified

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

Related Questions

Q32: Daily trading volume in the foreign exchange

Q33: Foreign exchange markets are a relatively recent

Q34: In the foreign exchange market, _ seek

Q35: The four currencies that constitute about 80%

Q36: The primary motive of foreign exchange activities

Q38: TABLE 5.1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5555/.jpg" alt="TABLE 5.1

Q39: TABLE 5.1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5555/.jpg" alt="TABLE 5.1

Q40: A/an _ quote in the United States

Q41: A forward contract to deliver British pounds

Q42: The following is an example of an