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What is incorrect about the market convention of American terms? a. They say how much euro or other currency to pay for 1USD b. They

  1. What is incorrect about the market convention of American terms?

    a. They say how much euro or other currency to pay for 1USD

    b. They say how much USD or other currency to pay for 1EUR, 1 GBP, 1AUD or 1NZD

    c. They are the quotes used for options and futures

    d. They are the quotes used in the retail market for tourists

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