Solved

The _______ Quote Is the Number of Units of Foreign

Question 18

Multiple Choice

The _______ quote is the number of units of foreign currency an Australian FX dealer is willing to take,in order to buy the unit of the quotation,that of AUD 1.


A) direct
B) indirect
C) bid
D) offer

Correct Answer:

verifed

Verified

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

Related Questions

Q13: A company treasurer has received the following

Q14: Which of the following statements is correct?<br>A)

Q15: Calculate the current exchange rate EUR/JPY,given these

Q16: When a currency is quoted against the

Q17: The foreign exchange participant who quotes prices

Q19: A/An _ position is when an FX

Q20: The FX party that conducts buy and

Q21: An Australian company is to export electronic

Q22: The FX brokers quote two-way prices at

Q23: Given that AUD/USD (spot)is 0.6830-40 and the