The market in which the currency of one country is traded for the currency of another country is called

A) the futures market.
B) the commodities market.
C) the foreign exchange market.
D) the international trade market.

Question

Mousa Alsulais · Accepted Answer

Final Answer : C, Explanation :  The foreign exchange market is where currencies of different countries are bought and sold. This market is also known as the forex market. Choices A, B, and D are incorrect as they refer to different types of markets.

The market in which the currency of one country is traded for the currency of another country is called

A) the futures market.
B) the commodities market.
C) the foreign exchange market.
D) the international trade market.

Definitions

Learning Objectives

Learning Objectives

Related questions

The market in which the currency of one country is traded for the currency of another country is calledA) the futures market.B) the commodities market.C) the foreign exchange market.D) the international trade market.

Definitions

Learning Objectives

Learning Objectives

Related questions

The market in which the currency of one country is traded for the currency of another country is called

A) the futures market.
B) the commodities market.
C) the foreign exchange market.
D) the international trade market.