--%>

National currencies of foreign exchange market

Elucidate various national currencies of foreign exchange market?

E

Expert

Verified

In a foreign exchange market, international trade can take place so that various national currencies are exchanged for one another. Mexicans want pesos, Germans want Euros, as well as Japanese want yen whenever they sell their products.

   Related Questions in Business Economics

  • Q : Summary of what can cause an increase

    Illustrate a summary of what can cause an increase in demand?

  • Q : Human Resource Management problems

    Question Write a report on a local firm that faces Human Resource Management problems. Pick two major problems and provide solutions to it. The company selected must

  • Q : Market Economy Define the term Market

    Define the term Market Economy and also state its advantages and disadvantages?

  • Q : Independent queue vs. pooled queue

    Instruction: McDonald's vs. Burger King - these two fast food chains use different waiting line design: Independent queue vs. pooled queue. To compare the two different queue systems on equal footing, let's assume that we pick a McDonald's sto

  • Q : What are economic resources What are

    What are economic resources? What are the major functions of the entrepreneur?

  • Q : Reduce price differences by arbitrage

    When government intervention is not present, than arbitrage: (w) will reduce price differences when similar good sells at various prices within separate markets. (x) results into economic losses for traders. (y) causes high economic profits for mercha

  • Q : Contestable Markets The least probable

    The least probable of the given industries to be a contestable market is: (1) video rentals. (2) pizza delivery. (3) cable television. (4) trucking. Can someone explain/help me with best solution about problem of <

  • Q : Common factors influencing capital

    Write down the common factors influencing capital structure?

  • Q : Estimate the impact of education on

    Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in 1976 U.S. dollars and let educ denote years of schooling. We obtain the following OLS regression line: wage = -0.54

  • Q : Illustrate Scarcity and choice of

    Illustrate Scarcity and choice of Economic Perspective?