Which of the following is true of foreign exchange markets?
A. The futures market is mainly used by hedgers while the forward market is mainly used for speculating
B. The futures market and the forward market are mainly used for hedging
C. The futures market is mainly used by speculators while the forward market is mainly used for hedging
D. The futures market and the forward market are mainly used for speculating
Answer: Option C
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
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
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