Multiple Choice
If you were trading currency in the New York currency market,the exchange rate between two currencies not expressed in U.S.dollars would be known as the ________ quote.
A) direct
B) indirect
C) cross-rate
D) European
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q19: Which one of the following is not
Q20: When someone in the currency market can
Q21: The cash manager at AmFlex Company needs
Q22: Describe how an exchange rate is like
Q23: How would economists most often define a
Q25: The CFO at SmithKlone Company receives a
Q26: When it comes to trading global currency,all
Q27: Eastern Copper Mines of New Zealand has
Q28: The fourth decimal place in a dealer's
Q29: When transactions are conducted on the spot