Foreign Exchange ________ Earn a Profit by a Bid-Ask Spread

question 4

Multiple Choice

Foreign exchange ________ earn a profit by a bid-ask spread on currencies they purchase and sell. Foreign exchange ________, on the other hand, earn a profit by bringing together buyers and sellers of foreign currencies and earning a commission on each sale and purchase.

• A) central banks; treasuries
• B) dealers; brokers
• C) brokers; dealers
• D) speculators; arbitrageurs

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