BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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international investment market.
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long-term capital market
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U.S. stock market
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foreign exchange market
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Detailed explanation-1: -The world’s largest foreign exchange market is based in London, the capital of the United Kingdom. Based on the latest stats, in 2022., 38.1% of all foreign exchange market turnover is made in London.
Detailed explanation-2: -The New York Stock Exchange is the largest stock exchange in the world, with an equity market capitalization of nearly 23 trillion U.S. dollars as of December 2022. The following three exchanges were the NASDAQ, the Shanghai Stock Exchange, and the Euronext. What is a stock exchange?
Detailed explanation-3: -The foreign exchange market or forex market is the market where currencies are traded. The forex market is the world’s largest financial market where trillions are traded daily.
Detailed explanation-4: -London, New York, and Tokyo dominate foreign exchange trading. The currency markets are the largest and most liquid of all the financial markets; the triennial figures from the Bank for International Settlements (BIS) put daily global turnover in the foreign exchange markets in trillions of dollars.
Detailed explanation-5: -The foreign exchange market is the largest and most liquid financial market in the world, with a seemingly endless amount of major, minor and exotic currency pairs to trade.