In 2010, the Three Largest Foreign Exchange Markets Based on Daily

question 68

Multiple Choice

In 2010, the three largest foreign exchange markets based on daily volume were:

• A) London, New York, and Tokyo.
• B) New York, Tokyo, and Zurich.
• C) London, Tokyo, and Zurich.
• D) London, New York, and Singapore.

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Definitions:

Partners

Individuals who share ownership of a legal entity or business, often sharing profits, losses, and managerial responsibilities.

Principal

Principal refers to the amount of money originally invested or loaned, on which interest is calculated.

Authorized

Officially permitted or endowed with legal power or right by a legal or regulatory body.

Corporate Securities

Financial instruments such as stocks and bonds issued by corporations to raise capital, representing ownership or debt obligations.