According to the Efficient Market School, ________ Do the Best

question 4

Multiple Choice

According to the efficient market school, ________ do the best job at predicting future spot exchange rates.

• A) forecasting services
• B) government institutions
• C) inflationary trends
• D) forward exchange rates
• E) arbitration results

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Definitions:

Uncertainty Avoidance

The extent to which individuals or cultures are uncomfortable with ambiguity and strive to minimize uncertainty through strict rules and rituals.

Individualism-collectivism

A cultural dimension that describes the degree to which people in a society are integrated into groups or consider themselves independent and self-reliant.

Culture

A shared set of beliefs, values, and patterns of behaviour common to a group of people.