Foreign Currency Futures Contracts Are Actively Traded on the

question 14

Multiple Choice

Foreign currency futures contracts are actively traded on the

• A)euro.
• B)British pound.
• C)drachma.
• D)euro and British pound.

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Definitions:

Perpetuate

To make something continue indefinitely; to cause to last or to be remembered or celebrated for a long time.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.

Cultural Change

The modification of a society's cultural patterns, including norms, values, behaviors, and expressions.

Innovation

the introduction of new ideas, products, services, or processes that improve upon the existing state of art or knowledge.