Question

The foreign exchange market _____.


sets the rate of exchange for all foreign currencies


facilitates the buying and selling of foreign currencies


collects the tariffs collected on exported goods


is a common place to sell goods produced in Europe
GPT-4o mini
The foreign exchange market **facilitates the buying and selling of foreign currencies**.

Related Questions

How do you proceed in calculating exchange rates between countries and what data do you need? E... Couple questions here... "Under fixed exchange rates," A. The Free Market is the major deter... The real value of the U.S. dollar is determined by the U.S. government value of goods and servic... Which of the following is the best definition of indirect diffusion?(1 point) Responses an excha...