Merton Identified Modes of Adaptation

question 3

Multiple Choice

Merton identified modes of adaptation. Which is not one of Merton's modes of adaptation?

• A) Rebellion
• B) Retreatism
• C) Conformity
• D) Bonding

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Definitions:

Single Country

Pertains to investments or activities that are focused exclusively within one country's borders.

Triangle Arbitrage

Triangle arbitrage involves exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market.

Canadian Dollar

The official currency of Canada, represented by the symbol C$ or CAD, and is one of the world's major currencies traded in financial markets.

Currencies

Currencies are the system of money in general use in a particular country, region, or economic area, facilitating the exchange of goods and services.