FOREIGN TRADE (DIŞ TİCARET) - (İNGİLİZCE) Dersi Introduction to International Trade soru detayı:

CEVAP:

The exchange of national currency with foreign currencies is done at the foreign exchange market. It is the price of a national currency in terms of another currency. The foreign exchange market is not a marketplace where the suppliers and the consumers meet. Thus, a foreign exchange market is different from a commodity market in this respect. The participants of the foreign exchange market are individuals, firms, traders, investors, commercial banks, speculators, arbitrators, and the Central Bank of countries, which can be thousands in numbers.