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    Global Business Today Study Set 5
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    Exam 9: The Foreign Exchange Market
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    By 2007,forward Instruments Accounted for 85 Percent of All Foreign
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By 2007,forward Instruments Accounted for 85 Percent of All Foreign

Question 62

Question 62

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By 2007,forward instruments accounted for 85 percent of all foreign exchange transactions,while spot exchanges accounted for 15 percent.

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