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true false Foreign exchange markets are electronic communication systems connecting the major financial centers of the world. Arbitrage is the simultaneous buying of securities in

true false

  1. Foreign exchange markets are electronic communication systems connecting the major financial centers of the world.

  1. Arbitrage is the simultaneous buying of securities in one market and selling them in another to make a profit from price differences in the two markets.

  1. The spot exchange rate is the rate today for exchanging one currency for another for immediate delivery.

  1. A multinational enterprise is one which has no centralised headquarters.

  1. If a government buys its domestic currency from foreigners, its exchange rate will rise.

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