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O D POUUIUIU PPUPULU. 27) Which of the following is NOT a motivation identified by the authors as a function of the foreign exchange market?

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O D POUUIUIU PPUPULU. 27) Which of the following is NOT a motivation identified by the authors as a function of the foreign exchange market? A) the transfer of purchasing power between countries B) obtaining or providing credit for international trade transactions C) minimizing the risks of exchange rate changes D) All of the above were identified as functions of the foreign exchange market. 28) seek to profit from trading in the market itself rather than having the foreign exchange transaction being incidental to the execution of a commercial or investment transaction. A) Speculators and arbitrageurs B) Foreign exchange brokers C) Central banks D) Treasuries 29) are agents who facilitate trading between dealers without themselves becoming principals in the transaction. A) Central banks B) Foreign exchange brokers C) Arbitrageurs D) Foreign exchange dealers delivery of foreign

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