Question: PLEASE DON'T COPY AND PASTE FROM OTHER CHEGG ANSWERS , THANK YOU 1. What determines demand for any given currency in the foreign-exchange market? 2.

PLEASE DON'T COPY AND PASTE FROM OTHER CHEGG ANSWERS , THANK YOU

1. What determines demand for any given currency in the foreign-exchange market?

2. What determines supply of any given currency in the foreign-exchange market?

3. How are prices established in the foreign-exchange market?

4. What is the role of international banks in the foreign-exchange market?

5. Explain the different techniques that firms can use to protect themselves from future changes in exchange rates.

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