This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The volume of currencies traded in global market is, by necessity, exactly equal to the amount of ... (Read 10 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Sep 3, 2018
The volume of currencies traded in global market is, by necessity, exactly equal to the amount of currency that domestic governments have in reserves.
 
  a. True
  b. False
  Indicate whether the statement is true or false

Question 2

On the global currency market, over 4 trillion of currency changes hands every day.
 
  a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Sep 3, 2018
Answer to Question 1

False

Answer to Question 2

True


wenmo

  • Member
  • Posts: 540
Reply 2 on: Sep 3, 2018
YES! Correct, THANKS for helping me on my review

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Compartments of the Global Ecosystem Compartments of the Global Ecosystem
This mini clamp-on DMM is being used to measure the amount of battery electrical drain that is ... This mini clamp-on DMM is being used to measure the amount of battery electrical drain that is ...
Calculation of the Amount of the Local Anesthetic and Vasoconstrictor Calculation of the Amount of the Local Anesthetic and Vasoconstrictor
Industrial and transport sources are responsible for a large proportion of global GHG emission Industrial and transport sources are responsible for a large proportion of global GHG emission
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Preload is related to the amount of blood and stretching of the ventricular myocardial fibers Preload is related to the amount of blood and stretching of the ventricular myocardial fibers
Video: New DNA Strand Replication

For a complete list of videos, visit our video library