Compare and contrast the Foreign Exchange Market and international market
July 8th, 2021
Compare and contrast the Foreign Exchange Market and an international market and determine an advantage and disadvantage for each.
The foreign exchange system contains the prices of currencies of other countries. These prices fluctuate based on demand and supply. Individuals buy and sell currency as they would any other commodity.
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Instead of a product like in other markets of the world, the product here is currency, thus the feel of exchange when it is actually a purchase.
With this in mind, create a 2-3 page response to the following: Compare and contrast the Foreign Exchange Market and an international market of your choice. Determine an advantage and disadvantage for each.