Which of the following statement is true when “the dollar weakened” against a foreign currency (FC)? a. FC would be more expensive to buy. b. The dollar would command more FC. c. Buying (bid) price...



Which of the following statement is true when “the dollar weakened” against a foreign currency (FC)?





a. FC would be more expensive to buy.

b. The dollar would command more FC.

c. Buying (bid) price and selling (offered) price are the same.

d. None of the above (i.e., there is no true statement).




Jun 09, 2022
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