This topic contains a solution. Click here to go to the answer

Author Question: The volume of currencies traded in global market is, by necessity, exactly equal to the amount of ... (Read 32 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
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
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


alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library