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What is Currency Trading? - Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is another name for currency trading?

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1. What differentiates currency trade from other types of trading?

2. What does this mean: USD/JPY = 119.962?

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About This Quiz & Worksheet

A series of questions provided by this quiz/worksheet combination will ask you about currency trade's unique qualities, as well as its profits and causes.

Quiz & Worksheet Goals

You can expect to be asked about:

  • Terms synonymous with currency trading
  • Differentiation between currency trade and other trade types
  • Examples of currency trade
  • The variable that influences currency trade profit
  • Fluctuations in currency trade

Skills Practiced

  • Critical thinking - apply relevant concepts to examine information about logistics of currency trade in a new light
  • Interpreting information - verify that you can read information regarding changes in currency and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about qualities of currency trade

Additional Learning

You're going to be able to obtain even more knowledge on currency trading with the help of the related lesson. This lesson is called What is Currency Trading? - Definition & Examples, and it's going to be on concepts like:

  • Vocabulary regarding currency
  • Debt, inflation, and terms of trade
  • How money is made through currency trading
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