Solved

Which of the Following Correctly Describes a Foreign Exchange Market

Question 48

Multiple Choice

Which of the following correctly describes a foreign exchange market?


A) A place where foreign goods are bought and sold in any country.
B) A market where foreign tourists can buy domestic goods.
C) A global market where people exchange one currency for another.
D) A bank in New York city that trades in gold certificates.
E) The central banks of different countries that control the supply of currencies.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions