Purchase Solution

primary functions of the foreign exchange market

Not what you're looking for?

Ask Custom Question

In global business strategies, what are the primary functions of the foreign exchange market?

Purchase this Solution
Solution Summary

primary functions of the foreign exchange market

Solution Preview

The primary function of the foreign exchange market in global business today is to facilitate the exchange of multiple currencies. Forex markets play an ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "Very good! "
  • "thanks"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance

This quiz test introductory finance topics.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

View More Free Quizzes
Related BrainMass Solutions

  • Financial Management

    257736 Primary functions of the foreign-exchange market; who are the participants? What are the primary functions of the foreign-exchange market? Who are the participants in the market?

  • Primary functions of the foreign exchange market and global companies

    87037 Primary functions of the foreign exchange market and global companies What are the primary functions of the foreign exchange market? Who are the participants in the market?

  • Foreign Exchange Market Functions

    132376 Foreign Exchange Market Functions What are the primary functions of the foreign exchange market? Who are the participants in the market? How do global companies use the foreign exchange market to hedge against foreign exchange risks?

  • Question about functions of financial markets

    The four main financial markets are the foreign exchange market, the fixed interest or bond market, the share or equity market and the derivatives market.

  • Country risk and the foreign exchange market

    Please describe the primary functions of the foreign exchange market? How do global companies use the foreign exchange market to hedge against foreign exchange risks?

  • Global business

    What are the primary functions of the foreign exchange market? How do global companies use the foreign exchange market to hedge against foreign exchange risks?

  • Foreign Exchange Rates to Consumers

    The solution discusses foreign exchange rates to consumers, including primary vs. secondary and money vs. capital markets.

  • Multiple Choice: Exchange rate

    The trading floor of the foreign exchange market is located in London, England. II. The foreign exchange market is the world's largest financial market. III.

  • Foreign Exchange Market

    86523 Foreign Exchange Market 1. What are the functions of the Foreign Exchange Market? Would international commerce be possible without its existence 2. How do exchange rates affect individual international businesses?

View More Related Solutions