5. Which of the following is NOT a function of foreign exchange mark.pdf
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The document presents a multiple-choice question identifying a function that is not associated with foreign exchange markets. The correct answer is 'c. foreign trade', indicating that it does not serve as a function of these markets. The other options involve speculation, capital raising, and risk transfer, which are indeed functions of foreign exchange.
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5. Which of the following is NOT a function of foreign exchange mark.pdf
- 1. 5. Which of the following is NOT a function of foreign exchange markets? Select one: a. All of these are functions of foreign exchange markets b. speculation in currency values c. foreign trade d. raising capital in foreign markets e. the transfer of risk between market participants Solution option: c. foreign trade functions of foreign trade are....