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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
- Foreign exchange markets are electronic communication systems connecting the major financial centers of the world.
- 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.
- The spot exchange rate is the rate today for exchanging one currency for another for immediate delivery.
- A multinational enterprise is one which has no centralised headquarters.
- If a government buys its domestic currency from foreigners, its exchange rate will rise.
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