A firm that purpose to connect sellers and buyers of foreign currency-denominated bank deposits is entitled
A. a wholesaler
B. a broker
C. a bank
D. an investor
Answer: Option B
Solution(By Examveda Team)
A firm that purpose to connect sellers and buyers of foreign currency-denominated bank deposits is entitled a broker. A broker is an individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor. A broker also refers to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.This Question Belongs to Management >> International Finance And Treasury
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