It Is Common Practice Among Currency Traders Worldwide to Both

question 93

Multiple Choice

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. In fact, 2007 BIS statistics indicate that about ______ percent of currency trading in the world involves the U.S. dollar on one side of the transaction.

• A)86 percent
• B)75 percent
• C)45 percent
• D)15 percent

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