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Questions and Answers
Which of the following best describes the international money market?
Which of the following best describes the international money market?
- A market where international loans and investments are made (correct)
- A market where currencies are bought and sold
- A market where goods and services are exchanged between countries
- A market where international stocks are traded
Which of the following is a key feature of the international money market?
Which of the following is a key feature of the international money market?
- It is regulated by a single global authority
- It is only accessible to large financial institutions
- It operates 24 hours a day, 5 days a week (correct)
- It primarily deals with physical currencies
Which of the following is NOT a purpose of the international money market?
Which of the following is NOT a purpose of the international money market?
- Providing a platform for currency speculation
- Facilitating international trade
- Facilitating international remittances
- Promoting economic stability (correct)
