Biomes Are Determined Based on

question 25

Multiple Choice

Biomes are determined based on

• A)evolutionary history and degree of isolation.
• B)dominant faunal assemblages.
• C)easily identifiable vegetation characteristics of the dominant plants.
• D)topographic and climatic variables.
• E)life zones.

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Definitions:

Transaction Costs

The expenses incurred when buying or selling goods and services, which may include commissions, fees, and the bid-ask spread.

Covered Interest Arbitrage

An investment strategy that involves exchanging domestic currency for a foreign currency, investing in foreign interest-bearing assets, and using forward contracts to hedge exchange rate risk.

Forward Contract

A special arrangement made between two parties to transact an asset at a pre-agreed price on a set date in the future.

Exchange Currency

The act of converting one country's currency into another, often subject to an exchange rate.