3341EconomicsMedium
Speculators in foreign exchange markets do all of the following except?
Abear risk as they attempt to ____ beat the market||
Battempt to buy currency at a low price and later resell that currency at a higher price
CSimultaneously buy a currency at a low price and sell that currency at a higher price, making a riskless profit
Dattempt to profit by trading on expectations about future currency prices
Correct answer
C. Simultaneously buy a currency at a low price and sell that currency at a higher price, making a riskless profit
Explanation
The correct answer is Simultaneously buy a currency at a low price and sell that currency at a higher price, making a riskless profit.