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    International Economics Study Set 3
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    Exam 12: The Foreign Exchange Market
  5. Question
    The Difference Between Bid (Buying)rates and Ask (Selling)rates Is Called
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The Difference Between Bid (Buying)rates and Ask (Selling)rates Is Called

Question 23

Question 23

Multiple Choice

The difference between bid (buying) rates and ask (selling) rates is called the


A) profit.
B) arbitrage.
C) spread.
D) forward transaction.

Correct Answer:

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