Which of the Following Statements About the Foreign Exchange Markets

question 45

Multiple Choice

Which of the following statements about the foreign exchange markets is incorrect?

• A) Much of the trading volume in the FX markets can be described as speculative transactions.
• B) Most foreign-exchange trading takes place in London.
• C) The FX markets are over-the-counter markets.
• D) Trading volume worldwide exceeds USD 4000 billion per day.

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A racial or ethnic group in the United States with ancestry primarily from sub-Saharan Africa.

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People of African descent living in the Caribbean, or with ancestry linked back to the Caribbean, who share a unique cultural heritage influenced by African, European, and Indigenous cultures.

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