Which of the following statement is true about foreign exchange market?
A. It is accessible round the clock
B. It is highly illiquid
C. It has high trading cost
D. Both B and C
Answer: Option D
A. It is accessible round the clock
B. It is highly illiquid
C. It has high trading cost
D. Both B and C
Answer: Option D
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
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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