Investment in the purchase of foreign exchange in the international money market with a view to earn profits is called .

forward purchase

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managed floating

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spot purchase

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speculation

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Solution

The correct option is D speculation
Speculation refers to trading in the foreign exchange market to realise monetary gains.

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Similar questions

Countries can earn foreign exchange through international businesses.

Which of the following is not an advantage of exporting?

(a) Easier way to enter into international markets

(b) Comparatively lower risks

(d) Less investment requirements

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