Multiple Choice
A foreign exchange ________ is the price of one currency expressed in terms of another currency. A foreign exchange ________ is a willingness to buy or sell at the announced rate.
A) quote; rate
B) quote; quote
C) rate; quote
D) rate; rate
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Which of the following may be participants
Q14: Define spot, forward, and swap transactions in
Q15: It is characteristic of foreign exchange dealers
Q16: A _ transaction in the foreign exchange
Q17: Currency trading lacks profitability for large commercial
Q19: The U.S. dollar suddenly changes in value
Q20: Most foreign exchange transactions are through the
Q21: A spot transaction in the interbank market
Q22: The United Kingdom and United States together
Q23: Dealers in foreign exchange departments at large