Foreign Exchange Rates Tend Toward Equality Around the World Because

question 50

Multiple Choice

Foreign exchange rates tend toward equality around the world because of the actions of

• A)central banks
• B)stock markets
• C)commodity markets
• D)the World Bank
• E)arbitrageurs

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Definitions:

Mathematical Expression

A combination of numbers, symbols, and operators designed to represent a specific mathematical computation or value.

Mathematical Expression

A combination of numbers, symbols, and operators that represent a mathematical value or relationship.

Simplification

The process of reducing expressions into their simplest form by performing operations and combining like terms.

Simplification

The process of altering a mathematical expression to make it easier to understand or work with, often by combining like terms or applying mathematical laws.