Question: Question content area top Part 1 The _ _ _ _ _ _ _ _ is the mechanism by which participants transfer purchasing power between

Question content area top
Part 1
The________ is the mechanism by which participants transfer purchasing power between countries, obtain or provide credit for international trade transactions, and minimize exposure to the risks of exchange rate changes.
Question content area bottom
Part 1
A.
federal open market
B.
LIBOR
C.
futures market
D.
foreign exchange market

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