Multiple Choice
In terms of foreign exchange transactions,the _____ has replaced the German mark as the world's second most important vehicle currency.
A) euro
B) yen
C) pound
D) riyal
E) mark
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Currency swaps are transacted between international businesses
Q27: Which of the following is true of
Q61: Steven converted $1,000 to ×105,000 for a
Q87: Differentiate between a lead strategy and a
Q93: The speculative element of the carry trade
Q100: Spot exchange rates and the 30-day forward
Q104: Which of the following weakens the link
Q107: Explain the concepts of transaction exposure and
Q110: For most major currencies,forward exchange rates are
Q115: The euro/dollar exchange rate is €1 =