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Foreign exchange forward markets are and the foreign


1. Foreign Exchange Futures markets are __________ and the Foreign Exchange Forward markets are __________.

A. informal; formal

B. formal; formal

C. formal; informal

D. informal; informal

E. organized; unorganized

2. Foreign Exchange Forward markets are and the Foreign Exchange Future markets are .

a. informal; formal

b. formal; formal

c. formal; informal

d. informal; informal

e. organized; unorganized

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Financial Management: Foreign exchange forward markets are and the foreign
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