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The foreign exchange market is where:Question 7Select one:a.exports and imports are traded.b.exports and imports are interchanged for gold bullion.c.different currencies are bought and sold.d.companies organise their foreign long-term financing.

Question

The foreign exchange market is where:Question 7Select one:a.exports and imports are traded.b.exports and imports are interchanged for gold bullion.c.different currencies are bought and sold.d.companies organise their foreign long-term financing.

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Solution

The foreign exchange market is where different currencies are bought and sold. So, the correct answer is c. different currencies are bought and sold.

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