________ Make Money on Currency Exchanges by the Difference Between

question 7

Multiple Choice

________ make money on currency exchanges by the difference between the ________ price, or the price they offer to pay, and the ________ price, or the price at which they offer to sell the currency.

• A) Dealers; ask; bid
• B) Dealers; bid; ask
• C) Brokers; ask; bid
• D) Brokers; bid; ask

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Definitions:

U.S. Department of Justice

A federal executive department responsible for enforcing the law and administration of justice in the United States, headed by the Attorney General.

Monopoly

A market structure characterized by a single seller who has exclusive control over a product or service.

Antitrust Law

Legal regulations designed to promote fair competition for the benefit of consumers, by preventing monopolies, cartels, and other practices that restrain free trade.

Interstate Commerce

Trade, traffic, or transportation involving the movement of goods or people across state lines, regulated by federal law.