The Transaction Costs Associated with International Trading of Stocks Have

question 3

Multiple Choice

The transaction costs associated with international trading of stocks have been reduced by

• A)the consolidation of stock exchanges.
• B)extensive computerization of stock exchanges.
• C)the Eurolist system.
• D)All of these are correct.

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Definitions:

Cultural Norm

A rule or standard shared by members of a society that dictates acceptable behavior in various situations.

Deviants

Individuals or behaviors that deviate from the accepted norms or standards of a society, which can result in social stigmatization or sanctions.

Social Deviance

Behaviors or actions that violate the societal norms or expectations, leading to disapproval, sanction, or ostracism from the larger society.

Uniform Crime Reporting Survey

A statistical reporting program run by law enforcement agencies to collect and analyze crime data, providing a nationwide view of crime trends.