Concerning the Foreign Exchange Market,one Can Best Say That

question 134

Multiple Choice

Concerning the foreign exchange market,one can best say that:

• A) There is a spot market for virtually every currency in the world
• B) The market is highly centralized like the stock exchange
• C) Most foreign exchange payments are made with bank notes
• D) The values of the forward and spot rates are always in agreement

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A drug that caused birth defects when used by pregnant women in the 1950s and 1960s, now used under strict controls for some diseases.

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