Estimates Are That Speculation Accounts for Only About 10 Percent

question 21

True/False

Estimates are that speculation accounts for only about 10 percent of the daily trading activity in the foreign exchange market.

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Definitions:

Der Blaue Reiter

German, “the blue rider.” An early-20th-century German Expressionist art movement founded by Vassily Kandinsky and Franz Marc. The artists selected the whimsical name because of their mutual interest in the color blue and horses.

The Bauhaus

A German art and design school founded by Walter Gropius in 1919, known for its revolutionary approach to integrating art, design, and craftsmanship, with a focus on functionality and simplicity.

Orphism

A form of Cubism developed by the French painter Robert Delaunay in which color plays an important role.

Cubism

An early-20th-century art movement that rejected naturalistic depictions, preferring compositions of shapes and forms abstracted from the conventionally perceived world. See also Analytic Cubism and Synthetic Cubism.