Multiple Choice
Which of the following is a key feature of the foreign exchange market?
A) The foreign exchange market never sleeps.
B) The foreign exchange market is located in London.
C) The foreign exchange market is characterized by high transaction costs.
D) The foreign exchange market is shut for two hours every day.
E) The foreign exchange market is poorly interconnected giving rise to ample arbitrage opportunities.
Correct Answer:
Verified
Correct Answer:
Verified
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