Which of the Following Are Participants in the Foreign Exchange

question 14

Multiple Choice

Which of the following are participants in the foreign exchange market?
I.importers,who pay for goods in foreign currencies
II.exporters,who receive payment in foreign currencies
III.domestic share brokers,who service local clients
IV.portfolio managers,who purchase foreign securities

• A)II,III and IV only
• B)I and III only
• C)II and IV only
• D)I,III and IV only
• E)I,II and IV only

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Definitions:

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs produced to inputs used in the production process.

Pasture Land

Land that is used for the grazing of livestock, allowing animals to feed on the grass and other vegetation present.

Oil Deposits

Natural accumulations of hydrocarbons, typically underground, that can be extracted for use as fuel and in various industrial applications.

Incentive Function

The way in which economic rewards or penalties influence the actions of individuals and firms.