Which of the Following FX Trading Activities Is Used for Purposes

question 22

Multiple Choice

Which of the following FX trading activities is used for purposes of speculation?

• A)The purchase and sale of foreign currencies for the purpose of profiting from forecasting or anticipating future movements in FX rates.
• B)The purchase and sale of foreign currencies to allow customers to partake in and complete international commercial trade transactions.
• C)The purchase and sale of foreign currencies for the purpose of offsetting customer exposure in any given currency.
• D)The purchase and sale of foreign currencies to allow customers to take positions in foreign real and financial investments.
• E)None of the above.

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Definitions:

X-Intercept

The x-intercept of a graph is the point(s) at which the graph crosses the x-axis, meaning the y-value at this point is zero.

Polynomial Equation

An equation that involves only polynomials, which are expressions consisting of variables and coefficients structured over addition, subtraction, and multiplication.

Factoring

The process of breaking down an equation into simpler components that are multiplied together.

Equation

An assertion in mathematics that two expressions, which may include variables, are equal.