Speculators in foreign exchange markets do all of the following except
| A. | attempt to profit by trading on expectations about future currency prices |
| B. | bear risk as they attempt to beat the market |
| C. | attempt to buy currency at a low price and later resell that currency at a higher price |
| D. | simultaneously buy a currency at a low price and sell that currency at a higher price, making a riskless profit |
Answer : D Explanation : toran verma said: (7:15am on Tuesday 31st March 2015)
Arbitragers do so..
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
