If a Trader Quotes the Following Exchange Rate AUD/USD 0

question 53

Multiple Choice

If a trader quotes the following exchange rate AUD/USD 0.7000- 0.7010, what is the spread?

• A) 5
• B) 10
• C) 70
• D) It cannot be determined.

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Definitions:

Multiple Levels

An approach or analysis that considers multiple layers or dimensions of a problem or system, often spanning from the individual to societal impacts.

Analysis

The process of examining something complex by breaking it down into its simpler parts for a better understanding.

Intellectual Capacities

The mental abilities and cognitive powers of an individual, including reasoning, problem-solving, and understanding complex ideas.

Genetic Influence

Genetic influence refers to the impact that one's genes have on their traits and behaviors.