题目内容
Foreign currency options are available both over-the-counter and on organized exchanges.
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In the forward market, the exchange rate is agreed on at the time of the currency contract, but payment is not made until the future delivery of the currency actually takes place.
Foreign-exchange brokers help commercial banks carry out foreign exchange trading and maintain desired balances of foreign exchange.
Similar to stock and commodity exchanges, the foreign exchange market is an organized structure with a central meeting place and formal licensing requirements.
A nation experiences external balance if it achieves:
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