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International Businesses Use Foreign Exchange Markets for All of the Following

Question 53

Multiple Choice

International businesses use foreign exchange markets for all of the following reasons except:


A) to receive payments from foreign investments that may be in foreign currencies.
B) to pay a foreign company for its products or services in its country's currency.
C) to invest for short terms in money markets when they have spare cash.
D) to cover themselves from all risks involved in currency speculation.

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