Question

How does the foreign exchange market support international trade and investment?

a.

By providing insurance services

b.

By enabling currency conversion

c.

By regulating interest rates

d.

By facilitating stock trading

Answer: (b).By enabling currency conversion Explanation:The foreign exchange market supports international trade and investment by enabling currency conversion. It allows traders to import and export goods using different currencies.

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Q. How does the foreign exchange market support international trade and investment?

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