​When Currency Options Are Not Standardized and Are Traded Over-The-Counter

question 47

Multiple Choice

​When currency options are not standardized and are traded over-the-counter, there is ____ liquidity and a ____ bid/ask spread.

• A) ​less; narrower
• B) ​more; narrower
• C) ​more; wider
• D) ​less; wider

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Definitions:

Quid Pro Quo

A Latin phrase meaning "something for something," referring to a situation where two parties engage in a mutual exchange of goods or services.

Sexual Harassment

Unwanted or inappropriate sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature.

Hostile Environment

A work or learning environment that is unwelcoming or offensive, often due to harassment or discrimination, making it difficult for individuals to perform effectively.

Job Decision

The choice or determination made regarding one's employment, including factors such as position, company, and career path.