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The market for foreign exchange: a. Can be viewed as a two-tier market. b. One tier is the wholesale market, the other tier is the
The market for foreign exchange:
a. | Can be viewed as a two-tier market. | |
b. | One tier is the wholesale market, the other tier is the interbank market. | |
c. | International banks buy or sell foreign currency only in the wholesale market. | |
d. | None of the above. |
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