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    International Economics Study Set 3
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    Exam 12: The Foreign Exchange Market
  5. Question
    The Exchange Rate Is Kept the Same Across Geographically-Separate Markets
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The Exchange Rate Is Kept the Same Across Geographically-Separate Markets

Question 20

Question 20

Multiple Choice

The exchange rate is kept the same across geographically-separate markets by


A) hedging.
B) speculation.
C) government regulation.
D) arbitrage.

Correct Answer:

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