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Explain international business and trade

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Reference no: EM133051570

International Business and Trade

Topic: Market for Foreign Trade

Explain the following questions:

  1. What is foreign exchange? Who are the major players in the foreign-exchange market?
  2. What are the major characteristics of the foreign-exchange market?
  3. What are the difference between spot, forward, options, and futures markets?
  4. How local companies use foreign exchange to facilitate international trade?

Reference no: EM133051570

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