Author Question: As a trading currency, the euro is ________. A) more widely traded than the U.S. dollar in seven ... (Read 54 times)

student77

  • Hero Member
  • *****
  • Posts: 567
As a trading currency, the euro is ________.
 
  A) more widely traded than the U.S. dollar in seven of the top ten currency markets in the world
  B) widely traded in London but not in any other major foreign-exchange markets in the world
  C) becoming more popular than the U.S. dollar because of its global acceptance
  D) gaining ground against the U.S. dollar in Eastern European countries

Question 2

Why is London most likely the top market for trading foreign exchange?
 
  A) The British pound is the world's top trading currency.
  B) Most multinational firms are headquartered in London.
  C) London is uniquely positioned geographically in terms of time zones.
  D) British traders have always been the most sophisticated in the world.


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

Sent you a PM please check your forum inbox. Thank you

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library