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Topic: Business
Number of pages / Number of words: 4 / 986
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The Unites States dollar is the most traded currency; however the euro market is catching up.

Although London, New York and Tokyo have the largest currency markets, those are not the only markets. The other markets include Los Angeles and San Francisco, Hong Kong, Singapore, Bahrain, Frankfurt, Zurich, and Paris...


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The majority of these markets allow for 24 hour trading (Ball et al, 2005).

The gold standard is a domestic standard; it regulates the quantity and growth rate of a country's money supply. When exchange rates are fixed, the gold standard causes price levels around the world to move together. (Bordo n...


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