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.

Question

Ernest

5 May, 06:48

+1

Answers (2)

Know the Answer?

Chic · Answer 1

They borrow money from their broker in order to make a larger currency purchase

Henry Barber · Answer 2

A is your answer