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Which of the following describes what is done with foreign currency in the currency exchange market?

A. Bought and sold using different foreign currencies

B. Taxed by the U.S treasury department

C. Traded for important goods and services

D. Used to pay for foreign governments' bond issues
(figured it out, its A)

Respuesta :

Answer:

A. . Bought and sold using different foreign currencies

Explanation:

Usually, the currency exchange market is used by people as a part of their investment portfolio.

The value of ones currency over other currencies is really volatile. This uncertainty created opportunities for investors to obtain a profit by purchasing a certain currency when the value is low and re-sell it when the value is higher.

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