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    Global Business Today Study Set 3
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    Exam 10: The Foreign Exchange Market
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    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 31

Question 31

Multiple Choice

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


A) forward exchange
B) countertrade
C) arbitrage
D) spot exchange
E) currency swap

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