____________________ seek to exploit discrepancies in currency values in different markets by buying currencies at one value in one market and then selling them quickly at a higher value in another market.
A)Interbanks
B)MNCs
C)Governments
D)Hedge funds

Question

Quizplus · Accepted Answer

Hedge funds are the entities that seek to exploit discrepancies in currency values in different markets by buying currencies at one value in one market and then selling them quickly at a higher value in another market. MNCs (multinational corporations) might also engage in currency trading, but they typically do so to manage their foreign exchange risk rather than to make profits from currency discrepancies. Interbanks and governments are also involved in currency trading, but they typically do so for different reasons.

____________________ Seek to Exploit Discrepancies in Currency Values in Different