What Are the Two Main Functions of the Foreign Exchange

question 13

Multiple Choice

What are the two main functions of the foreign exchange market?

• A) trading foreign company equities and converting currency
• B) reducing currency volatility and setting interest rates
• C) insuring companies against interest rate risk and enabling imports and exports
• D) converting currency and providing some insurance against foreign exchange risk

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Definitions:

Interviews

Structured conversations where questions are asked to assess the qualifications, abilities, or opinions of the interviewees.

Union Election

A process by which members of a labor union vote to elect representatives or decide on other union-related matters.

Federal Labor Law

Legislation that regulates the rights and duties between employers and workers at the national level.

Majority Vote

A voting requirement that more than half of the votes cast by members entitled to vote are necessary to make a decision or pass a proposal.