Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
boland boland
wrote...
Go to Answer
Posts: 1892
Rep: 16 0
7 years ago
The foreign exchange market is NOT efficient because
A) dealers have ask prices that are higher than bid prices.
B) market participants do not compete with one another due to the fact that trading takes place around the world and not in a single centralized location.
C) central governments dominate the foreign exchange market and everybody knows that by definition, central governments are inefficient.
D) none of the reasons listed are accurate because the foreign exchange market is efficient.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
Read 158 times
3 Replies
Replies
Answer verified by a subject expert
noxx53noxx53
wrote...
#1
Top Poster
Posts: 1891
Rep: 43 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

boland Author
wrote...
#2
7 years ago
Upwards Arrow Perfection
wrote...
#3
7 years ago
You're welcome Wink Face
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  963 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 94
  
 244
  
 326
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Who's your favorite biologist?