It Is Characteristic of Foreign Exchange Dealers To

question 15

Multiple Choice

It is characteristic of foreign exchange dealers to:

• A) bring buyers and sellers of currencies together but never to buy and hold an inventory of currency for resale.
• B) act as market makers, willing to buy and sell the currencies in which they specialize.
• C) trade only with clients in the retail market and never operate in the wholesale market for foreign exchange.
• D) All of the above are characteristics of foreign exchange dealers.

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Definitions:

Reaction

A process in which substances interact to form new substances with different chemical compositions and properties.

Major Organic Product

The predominant product formed in a chemical reaction under given conditions, emphasizing its relevance in synthetic chemistry.

Haloalkane

Haloalkanes are organic compounds where one or more hydrogen atoms in an alkane are replaced by halogen atoms (fluorine, chlorine, bromine, or iodine).

Thermodynamic Condition

Refers to the parameters of temperature, pressure, volume, and quantity of matter present during a system at equilibrium or undergoing a process that changes its state.