Which of the Following Correctly Describes a Foreign Exchange Market

question 48

Multiple Choice

Which of the following correctly describes a foreign exchange market?

• A)A place where foreign goods are bought and sold in any country.
• B)A market where foreign tourists can buy domestic goods.
• C)A global market where people exchange one currency for another.
• D)A bank in New York city that trades in gold certificates.
• E)The central banks of different countries that control the supply of currencies.

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Definitions:

Autonomy

The extent to which individuals have the freedom to make their own decisions and control their own work environment.

Creative Behaviour

Actions that result in new or innovative ideas, solutions, or outcomes.

Complex Innovations

Innovations characterized by multiple interdependent components that require coordinated implementation across different parts of an organization or society.

Diffuse

To spread or scatter over a wide area or among a large number of people.