Ask Question
5 May, 06:48

Which of the following explains what happens when currency traders buy on

margin?

A. They borrow money from their broker in order to make a larger

currency purchase.

B. They buy a currency for higher than the market value expecting the

exchange rate to go up.

C. They risk large amounts of money in order to realize relatively

small profits.

D. They purchase a small amount of a currency in order to affect the

exchange rate.

+1
Answers (2)
  1. 5 May, 08:28
    0
    They borrow money from their broker in order to make a larger currency purchase
  2. 5 May, 10:42
    0
    A is your answer
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following explains what happens when currency traders buy on margin? A. They borrow money from their broker in order to make a ...” in 📙 English if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers