In foreign exchange markets, speculators help:
A. Decrease the influence of the futures market because their trades demand current payments
B. Increase fluctuations in exchange rates because of wild buying and selling
C. Decrease the value of most currencies because they tend to hedge the market
D. Increase international trade because they absorb risk which others do not want to bear
D. Increase international trade because they absorb risk which others do not want to bear
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The law of diminishing marginal utility helps to explain why supply curves are generally upward sloping
Indicate whether the statement is true or false
When the price of peaches went up, people bought fewer peaches and more strawberries. This is an indication that tastes have changed as a result of the price increase.
Answer the following statement true (T) or false (F)