Which one of the following statements is accurate concerning the foreign exchang

Question

Which one of the following statements is accurate concerning the foreign exchange market?
a. The foreign exchange market is an over the counter market.
b. As a financial market, the foreign exchange market is second in size only to the New York Stock Exchange.
c. The Foreign exchange Market has physical floors in London, Tokyo and New York City.
d. Parties are only permitted to participate in the foreign exchange market if they physically exchange goods or services across international boundaries.
e. The euro has yet to be adopted a key currency in the foreign exchange market.

Explanation / Answer

The following statement is accurate concerning the foreign exchange market

a. The foreign exchange market is an over the counter market.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.