Which of the Following Statements in Relation to the Operation

question 25

Multiple Choice

Which of the following statements in relation to the operation of the FX market is incorrect?

• A) A corporation will generally need to sell foreign currency when it borrows funds from overseas capital markets for use in its own domestic operations.
• B) The main trading floor of the Australian FX market is located in Sydney, with subsidiary branches in other main cities.
• C) The Reserve Bank may conduct FX transactions in order to change the composition of its 'official reserve assets'.
• D) 'Dealers' in the Australian FX market use global electronic networks such as Bloomberg and Reuters.

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Definitions:

Family Preservation

A social service aim or philosophy focused on keeping families together and preventing unnecessary placement of children in foster care or adoption.

Time-limited

Refers to tasks, projects, or agreements that have a set end date or duration.

Sexual Orientation

An individual's pattern of emotional, romantic, or sexual attraction to others, which may include attraction to the same sex, opposite sex, both, or none.

Scientifically Accurate

Information or methodologies that are based on scientific research, evidence, and consensus among scientists.