Which of the following refers to currency speculation?
A) simultaneous purchase and sale of a given amount of foreign exchange for two
different value dates
B) exchange rate at which a foreign exchange dealer will convert one currency into
another that particular day C)growth in a country's money supply exceeding the growth in its output, leading to
price inflation
D) short-term movement of funds from one currency to another in the hopes of
profiting from shifts in exchange rates
E) purchase of securities in one market for immediate resale in another to profit from a price discrepancy
D) short-term movement of funds from one currency to another in the hopes of
profiting from shifts in exchange rates
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