Which of the Following Is NOT True

question 2

Multiple Choice

Which of the following is NOT true?

• A) The FX market provides participants with an alternative source of credit.
• B) Foreign exchange is traded in a single location in each country.
• C) Importers and exporters are frequent users of FX.
• D) An official FX dealer must be licensed by the RBA.

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Definitions:

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers over wages, working conditions, and rights.

US Laborers

Refers to workers in the United States, particularly those engaged in manual or industrial jobs, and their roles within the nation's workforce and economy.

Foreign-born

Individuals living in a country who were not born there, often contributing to the cultural diversity and population growth of the host nation.

Railroad Industry

A sector of the economy involving the operation of trains and tracks for the transportation of goods and passengers, playing a key role in industrial development.