Description
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. Instead of a product like in other markets of world, the product here is currency, thus the feel of an 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.
Your final assignment should be proofread for correct spelling, grammar, and punctuation.
Explanation & Answer
Here you go. In case of any further inputs, please let me know.All the best!I appreciate working with you!
Running Head: CONTRASTING AND COMPARING FINANCIAL MARKETS
Contrasting and Comparing Financial Markets
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CONTRASTING AND COMPARING FINANCIAL MARKETS
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Contrasting and Comparing Financial Markets
Foreign exchange market (FEM) is generally known as the Forex market. These are
trading that involves two nations’ currencies. The currencies are the basis of the market and the
background of trading. This market has existed over 30 years. The FX market is not based on
business investment, but rather the selling and trading of currencies. An example of an
international market is Nasdaq. Essentially, this is a stock market with international operations. It
is entirely run on computers. If an individual wants to trade on Nasdaq, they have to call a dealer
firm first, who is commonly kno...
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