Treasury bond dealers:

A) quote an ask price for customers who want to sell existing Treasury bonds to the dealers.
B) profit from a very wide spread between bid and ask prices in the Treasury securities market.
C) may trade Treasury bonds among themselves.
D) make a primary market for Treasury bonds.

Ans: C) may trade Treasury bonds among themselves.

Business

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Which of the following factors make it difficult for emerging market economies to choose a specific currency regime?

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