Asked by Kibre Dubiso on Jul 04, 2024
Verified
Foreign exchange markets, much like financial markets, are located in specific places throughout the world, bringing brokers and banks together on a single trading floor.
Foreign Exchange Markets
Markets where participants can buy, sell, exchange, and speculate on currencies. These markets are critical for facilitating international trade and investment.
Trading Floor
The physical location where financial trading activities take place, such as in a stock exchange.
- Comprehend the structure and function of foreign exchange markets.
Verified Answer
ZK
Zybrea KnightJul 05, 2024
Final Answer :
False
Explanation :
Foreign exchange markets are decentralized and operate electronically, with transactions taking place over computer networks and communication systems rather than on a physical trading floor.
Learning Objectives
- Comprehend the structure and function of foreign exchange markets.