A speculator in foreign exchange is a person who:

A) buys foreign currency,hoping to profit by selling it at a higher exchange rate at some later date.
B) earns illegal profit by manipulating foreign exchange.
C) causes differences in exchange rates in different geographic markets.
D) simultaneously buys large amounts of a currency in one market and sells it in another market.
E) takes no risks in foreign currency exchanges.

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Stacy Harris · Accepted Answer

Final Answer : A, Explanation :  A speculator in foreign exchange buys foreign currency with the hope of selling it at a higher exchange rate at a later date, with the intent of making a profit. This involves taking a risk and analyzing various factors that may influence exchange rates, such as economic and political events, monetary policies, and market trends.

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