Answer selected answer true question 14 5 out of 5

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Answer Selected Answer: True Question 14 5 out of 5 points Arbitrage is the buying a commodity when its price is low and then reselling it after prices rise in order to make a profit. Answer Selected Answer: True Question 15 5 out of 5 points The ERM formed the initial steps for the creation of a single European currency. Answer Selected Answer: True Question 16 5 out of 5 points
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Stocks represent shares of equity that a company releases for sale. Answer Selected Answer: True Question 17 5 out of 5 points The World Bank helps finance economic development in poor countries. Answer Selected Answer: True Question 18 5 out of 5 points Revaluation is an upward change in the currency’s value. Answer Selected Answer: True Question 19 5 out of 5 points Africa, Pacific, Caribbean Pact (ACP); Lomé Convention are known as custom unions. Answer Selected False
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Answer: Question 20 5 out of 5 points An FX swap is the simultaneous purchase and sale of a currency for different delivery dates. Answer Selected Answer: True
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