Which of the Following Is NOT a Function of the Interbank

question 16

Multiple Choice

Which of the following is NOT a function of the interbank part of the foreign exchange market?

• A)Provides a bank with a continuous stream of information on conditions in the foreign exchange market
• B)Provides a bank the means to readjust its own position quickly and at low cost when it separately conducts a large trade with a customer
• C)Permits a bank to take on a position in a foreign currency quickly if the bank and its traders want to speculate on exchange-rate movements in the near future
• D)Provides clearing services for organizations that prefer to use different currencies

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Definitions:

Brussels Sprouts

Edible buds that resemble miniature cabbages, known for their nutritional benefits and grown mainly for culinary uses.

Marginal Utility

The extra satisfaction or benefit gained from consuming an additional unit of a product or service.

Total Utility

The total satisfaction or benefit received by consuming a good or service.

Utility Schedule

A table or chart displaying various combinations of goods or services and the utility or satisfaction obtained from each combination.