Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Refer to the structure of the foreign market structure.
1. What is the difference between retail market and wholesale market?
![Structure of the Foreign Exchange Market
Foreign Exchange Market
Retail
Wholesale
Banks and Money
Changers (Currencies,
bank notes, cheques)
Inter-bank (bank
Central Bank
accounts or
deposits)
Direct
Indirect
(through brokers)
Forward
(outright &
swaps)
Derivatives
(futures, options,
etc.)
Spot](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4ac32e8-77dc-4b93-aa56-f319d94df75c%2F1e0fe97c-91e2-4939-8054-7803705949cb%2Fg6p5yvp_processed.png&w=3840&q=75)
Transcribed Image Text:Structure of the Foreign Exchange Market
Foreign Exchange Market
Retail
Wholesale
Banks and Money
Changers (Currencies,
bank notes, cheques)
Inter-bank (bank
Central Bank
accounts or
deposits)
Direct
Indirect
(through brokers)
Forward
(outright &
swaps)
Derivatives
(futures, options,
etc.)
Spot
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