There Are Two Main Forms of Proportional Representation: the __________

question 61

Short Answer

There are two main forms of proportional representation: the __________ system,in which the elector votes for a party,and the ____________ system,in which the elector ranks individual candidates in their order of preference.

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Definitions:

Eurobanks

Banks located outside their country of incorporation that deal predominantly in Eurocurrencies – currencies held outside their country of origin.

Spot Trades

Financial transactions involving the immediate exchange of commodities or securities for cash or another asset.

Trade Settlement

The process of transferring securities from the seller to the buyer and the corresponding payment from the buyer to the seller.

Required Return

The minimum expected return on an investment necessary for an investor to consider making that investment, considering its risk.