The foreign exchange market_________
A: is organized as as on over-the-counter market in which several hundred dealers stand ready to buy and sell deposits denominated in foreign currencies.
B: is very competitive.
C: functions no differently from a centralized market.
D: all of the above.
A: is organized as as on over-the-counter market in which several hundred dealers stand ready to buy and sell deposits denominated in foreign currencies.
B: is very competitive.
C: functions no differently from a centralized market.
D: all of the above.
举一反三
- Securities not listed on one of the exchanges trade in the over-the-counter market. In this exchange, dealers “make a market” by _________
- The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
- In what way do banks act as "market - makers" in foreign exchange markets A: By buying foreign currencies. B: By quoting exchange rates to customers. C: By avoiding the risks of the market. D: Both A and B
- Which of the following markets is sometimes organized as an over - the - counter market?
- Which of the following is not a major actor in the foreign exchange market?