Which one of the following is the most accurate statement about the global foreign exchange...
60.1K
Verified Solution
Link Copied!
Question
Finance
Which one of the following is the most accurate statement about the global foreign exchange markets?
| They are the markets where money denominated in one currency is bought and sold with money denominated in another currency | ||
| They are extremely volatile and therefore subject to many government regulations to protect arbitragers. | ||
| They act as the primary engine for economic growth in countries with freely-floating exchange rates. | ||
| They are the largest and most volatile financial markets but exist only in the developed economies. |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.