McqMate
Q. |
A spot transaction in the foreign exchange market involves the |
A. | Exchange of exports and imports at a specified future date. |
B. | Exchange of bank deposits at a specified future date. |
C. | Immediate (within two days) exchange of exports and imports. |
D. | Immediate (within two days) exchange of bank deposits. |
Answer» D. Immediate (within two days) exchange of bank deposits. |
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