Social Studies, 25.10.2019 00:43, donuteatingcat

How is it possible to make a profit from buying and selling currency?

a. the value of currency always stays the same, but you can exchange money for currency that is more valuable to make a profit.

b. the value of currency changes over time, so you can buy a country’s currency when its value is low and sell it when it is higher.

c. the value of currency changes over time, so you can buy a country’s currency when its value is high and sell it when it is lower.

d. the value of currency is always going up, so you can buy currency, hold onto it, and then sell it later to make a profit.

Answers: 1

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 14:00, fanta47

Provide an example of how you have successfully taken into account individual differences in dealing with people. in what way did your approach make a difference in the outcome of the interaction with that person?

Answers: 1

continue

Social Studies, 22.06.2019 14:10, danielle413

How long is a representative’s term of office

Answers: 1

continue

Social Studies, 22.06.2019 14:30, amandajennings01

The colors at sunset are usually the result of raindrops

Answers: 2

continue

Social Studies, 23.06.2019 02:30, abelxoconda

Locate an article online from a news source that illustrates at least one determinant of supply. write a summary of the article, list the determinant(s) that were discussed in the article, and give a brief explaination of the effect of the determinant(s). you don't need to write the entire thing out, just find a source and tell me what i should include. i'm not the best at some parts of economics, and this is one of the parts i suck at.

Answers: 1

continue

Do you know the correct answer?

How is it possible to make a profit from buying and selling currency?

a. the value of c...