Which of the Following Is NOT a Primary Center of Foreign-Exchange

question 33

Multiple Choice

Which of the following is NOT a primary center of foreign-exchange trading?

• A)New York
• B)London
• C)Munich
• D)Tokyo

---

Definitions:

Issuing Debt

Issuing debt refers to the process by which a corporation or government raises funds by selling bonds, notes, or other debt instruments to investors.

Repaying

The process of paying back money previously borrowed from a lender.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material, labor, and overhead expenses.

Inventory

Items held for sale in the ordinary course of business, or materials and supplies used or consumed in the production process.