Multiple Choice
Foreign exchange ________ earn a profit by a bid-ask spread on currencies they purchase and sell. Foreign exchange ________, on the other hand, earn a profit by bringing together buyers and sellers of foreign currencies and earning a commission on each sale and purchase.
A) central banks; treasuries
B) dealers; brokers
C) brokers; dealers
D) speculators; arbitragers
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Most transactions in the interbank foreign exchange
Q14: Define spot, forward, and swap transactions in
Q17: Currency trading lacks profitability for large commercial
Q20: TABLE 6.1<br>Use the table to answer following
Q31: TABLE 6.1<br>Use the table to answer following
Q33: Foreign exchange markets are a relatively recent
Q36: The primary motive of foreign exchange activities
Q40: A/an _ quote in the United States
Q41: A forward contract to deliver British pounds
Q41: The greatest amount of foreign exchange trading