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    Global Business Today Study Set 2
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    Exam 9: The Foreign Exchange Market
  5. Question
    When Two Parties Agree to Exchange Currency and Execute the Deal
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When Two Parties Agree to Exchange Currency and Execute the Deal

Question 114

Question 114

Multiple Choice

When two parties agree to exchange currency and execute the deal immediately,the transaction is referred to as a ______________.


A) point-in-time exchange
B) temporal exchange
C) spot exchange
D) forward exchange
E) transaction

Correct Answer:

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