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 28 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
Thanks for the timely response, appreciate it


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

For a complete list of videos, visit our video library