Frequent Changes in the Value of One Currency Against Others

question 29

True/False

Frequent changes in the value of one currency against others allow exporters and importers opportunities for currency speculation and so are good for trade.

---

Definitions:

Accountant

A professional who performs accounting functions such as audits or financial statement analysis. Accountants can also act as advisers or consultants on matters related to accounting.

Attorney

A person qualified and authorized to practice law, such as giving legal advice, representing clients in court, and drafting legal documents.

Securities Law

A domain of law regulating the offer, purchase, and sale of securities (e.g., stocks, bonds) to protect investors against fraud and ensure the market's integrity.

Court Order

A legal document issued by a judge or court that requires or prohibits specific actions by the parties involved.