How is it possible to make a profit from buying and selling currency?
a. the value of c...
Social Studies, 28.01.2020 10:31 blan69
How is it possible to make a profit from buying and selling currency?
a. the value of currency always stays the same, but you can exchange money for currency that is more valuable to make a profit.
b the value of currency changes over time, so you can buy a country’s currency when its value is low and sell it when it is higher.
c the value of currency changes over time, so you can buy a country’s currency when its value is high and sell it when it is lower.
d the value of currency is always going up, so you can buy currency, hold onto it, and then sell it later to make a profit.
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