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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
  5. Question
    The Difference Between the Buy at and the Sell at Price
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The Difference Between the Buy at and the Sell at Price

Question 129

Question 129

Multiple Choice

The difference between the buy at and the sell at price is caused by:


A) market friction.
B) transaction cost.
C) menu cost.
D) market friction and transaction cost.

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