Why does speculation not usually take place in spot market


Problem

What is meant by speculation? How can speculation take place in the spot, forward, futures, or options markets? Why does speculation not usually take place in the spot market? What is stabilizing speculation? destabilizing speculation?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Why does speculation not usually take place in spot market
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