Question: Task 4: The Foreign Exchange Market 4a) Describe the function and the characteristics of the foreign exchange market. Who are the market participants? 4b) What

 Task 4: The Foreign Exchange Market 4a) Describe the function and
the characteristics of the foreign exchange market. Who are the market participants?

Task 4: The Foreign Exchange Market 4a) Describe the function and the characteristics of the foreign exchange market. Who are the market participants? 4b) What is arbitrage? Why is it particularly pronounced in the foreign exchange market? 4c) What is determined on the foreign exchange market

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