Solved

Spreads in Quotations of Exchange Rates Are

Question 113

Multiple Choice

Spreads in quotations of exchange rates are:


A) the geographical dispersion of nations that use the currency.
B) a measure of contagion involved in changes in exchange rates.
C) the difference in the price the buyer pays versus the price the seller receives.
D) the percentage of interest one pays when borrowing to purchase currencies.

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