Which of the Following Is NOT True Regarding the Market

question 60

Multiple Choice

Which of the following is NOT true regarding the market for foreign exchange?

• A) The market provides the physical and institutional structure through which the money of one country is exchanged for another.
• B) The rate of exchange is determined in the market.
• C) Foreign exchange transactions are physically completed in the foreign exchange market.
• D) All of the above are true.

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