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Alex Ar [27]
3 years ago
10

Currency speculation takes place when

Business
1 answer:
oksano4ka [1.4K]3 years ago
7 0

Answer:

e) there is short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.

Explanation:

The act of getting, purchasing and then keeping the currency in the purpose of obtaining profit by selling it in higher value in the future is speculation of currency. In general understanding, currency speculation is the processes of buying and selling the currencies in order to make more profit than now. The currency speculation take places often in currency markets where contains businesses and traders or dealers being busy on this area. Currency speculation is also unique, relative to other prominent forms of investment, because traders typically buy or sell one currency relative to another.

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Explanation:

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In this example, Wrigley used the Penetration pricing.

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Read more about this here

<em>brainly.com/question/3521758</em>

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