If the Foreign Exchange Market Is ____ Efficient, Then Historical

question 82

Multiple Choice

If the foreign exchange market is ____ efficient, then historical and current exchange rate information is not useful for forecasting exchange rate movements.

• A) weak-form
• B) semistrong-form
• C) semiweak-form
• D) weak-form AND semistrong-form

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Definitions:

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body's tissues, characterized by their strong, elastic walls.

Atrioventricular Valve

Valves located between the atria and ventricles of the heart that prevent the backflow of blood during ventricular contraction.

Semilunar Valve

Valve resembling a half-moon, located between the ventricles and their attached vessels.

Myocardium

The muscular tissue of the heart responsible for its contraction and relaxation, facilitating blood pumping throughout the body.