The activity of making profit through buying a currency cheap in one market and selling it dear in the other market at a particular point of time is known as

The world’s four major trading currencies are all free to float against each other. They include all the following except.

A. The British Pound

B. The Japanese Yen

C. The Spanish Peso

D. The US Dollar

Not a profit maximizing business is

A. International Monetary Fund

B. International bank for Reconstruction and Development

C. International Financial Corporation

D. World Trade Organisation

Gifts and Relief are

A. Merchandise Payment

B. Service Payment

C. Factory Income

D. Transfer payment

Nations that have major economic expansion attract

A. Imports

B. Direct Foreign Investment

C. Exports

D. Privatization