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Author Question: The volume of currencies traded in global market is, by necessity, exactly equal to the amount of ... (Read 37 times)

wenmo

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  • 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


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yeungji

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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
Thanks for the timely response, appreciate it

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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