Which of the Following Is NOT True of the Foreign-Exchange

question 86

Multiple Choice

Which of the following is NOT true of the foreign-exchange market?

• A)It is an over-the-counter market.
• B)Most foreign-exchange trading takes place in London.
• C)Trading volume exceeds $100 billion per day in the United States.
• D)Trading volume worldwide exceeds $1 trillion per day.

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Definitions:

Magnetic Flux

A measure of the quantity of magnetism, considering the strength and the extent of a magnetic field.

Indicator Lamps

Visual devices that show the status of an operation or condition, often using light to indicate on/off states or warnings.

Circuit Output

The result or product of the operation of a circuit, typically represented in terms of voltage or current.

Sensing Switches

Devices that detect changes in physical or environmental conditions, activating a response within control systems.