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Author Question: ________ is traded freely in the foreign exchange market, with its price determined by the forces of ... (Read 89 times)

Haya94

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on: Jul 7, 2018
________ is traded freely in the foreign exchange market, with its price determined by the forces of demand and supply.
 
  A) Representative money
  B) Private currency
  C) Hard currency
  D) Fiat money

Question 2

To insure against potential losses that result from adverse changes in exchange rates, Trader's Paradise should use currency ________.
 
  A) swap
  B) speculation
  C) hedging
  D) arbitrage


chloejackso

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

This forum is amazing.


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Haya94

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Reply #2 on: Jul 7, 2018
TY


chloejackso

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Reply #3 on: Jul 7, 2018
Happy to Help


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