Which of the Following Statements Is False

question 121

Multiple Choice

Which of the following statements is false?

• A) The prices quoted to the individual buyer of foreign exchange are always in favor of the seller.
• B) An indirect quote is in terms of units of foreign currency per unit of the home country's currency.
• C) Economic risk reflects the uncertainty associated with national government action that might affect asset values.
• D) political risk exists when dealing financially in international markets.

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Definitions:

Mining Techniques

Methods or processes used to extract minerals or resources from the earth, ranging from traditional to advanced technologies.

Mexican Workers

Refers to individuals from Mexico who work, often in agriculture, manufacturing, or services, within Mexico itself or in other countries, sometimes under temporary work programs.

Late 19th Century

Refers to the period from 1801 to 1900, marking significant industrial, political, and social changes worldwide.

Anglo Workers

Employees of English descent or cultural background, often referenced in contexts discussing labor and demographic compositions.