MCQOPTIONS
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| 1. |
Bid-ask spread in foreign exchange market is the |
| A. | price of currency in foreign exchange market |
| B. | difference between bid and ask quotes for a currency |
| C. | price at which a bank will buy a currency |
| D. | price a bank will pay for a currency |
| Answer» C. price at which a bank will buy a currency | |