Which of the Following Is a Likely Reason Why London

question 14

Multiple Choice

Which of the following is a likely reason why London is the location with most foreign exchange trading?

• A) That most trades are negotiated in English.
• B) That London has no market restrictions.
• C) That the trading hours of Great Britain overlap with those of Asia and of North America.
• D) All of the above.

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Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, critical for decision-making in production and pricing strategies.

Demand Function

A mathematical expression showing the relationship between the quantity of a good demanded by consumers and its price.

Edited

Modified or changed, especially to correct or improve a text, film, or recording.

Typeset

The arrangement and composition of text material with a variety of fonts, sizes, and styles for printing or digital display.