Foreign exchange is:
A. The act of trading different nations’ monies.
B. The holdings of foreign currency.
C. The act of importing foreign goods and services.
D. Both (a) and (b) are correct.
Answer:D
Foreign exchange is:
A. The act of trading different nations’ monies. B. The holdings of foreign currency. C. The act of importing foreign goods and services. D. Both (a) and (b) are correct.