The Market Through Which an Individual or Institution Exchanges One

question 48

True/False

The market through which an individual or institution exchanges one currency into another is called the foreign exchange market.

---

Definitions:

Personal Information Manager

Software that functions as a personal organizer, allowing users to manage contacts, appointments, tasks, and more.

Setup.Exe

An executable file commonly used to install software applications on Windows operating systems.

Setup Program

Software used to install a new application or software package onto a computing device, guiding the user through the installation process.

Perpetual-License

A perpetual license is a type of software licensing model that allows an individual or organization to use a software program indefinitely with a one-time purchase and without paying subscription fees.