Which of the Following Statements Concerning NASDAQ Is Incorrect

question 220

Multiple Choice

Which of the following statements concerning NASDAQ is incorrect?

• A) NASDAQ is an auction market.
• B) Most smaller firms are listed on NASDAQ rather than on the NYSE.
• C) NASDAQ is an electronic market.
• D) NASDAQ is an OTC market.
• E) NASDAQ stands for National Association of Securities Dealers Automated Quotations system.

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Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories, playing a crucial role in the global economy by allowing for specialization and access to diverse products.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost than competitors.

Opportunity Costs of War

The economic resources and benefits that are forgone by engaging in war, including the impact on trade, development, and the allocation of government spending.

International Trade

The international transfer of goods, services, and capital across national boundaries or regions.