Cable Is Quoted at 1

question 250

Multiple Choice

Cable is quoted at 1.6075-80 and you say "5 yours!" to the broker. What have you done?

• A) Sold USD 5 million at 1.6075
• B) Sold GBP 5 million at 1.6075
• C) Bought GBP 5 million at 1.60B0
• D) Bought USD 5 million at 1.6080

Identify and explain the relationship between quantitative and qualitative research methods.

Explain the process and importance of induction in qualitative research.

Understand unscientific thinking and its impact on reasoning.

Grasp the core methodological principles guiding sociological research.

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Definitions:

GATT

The General Agreement on Tariffs and Trade, an international treaty designed to reduce tariffs and other barriers to trade between member countries.

International Agreement

A formal accord between two or more countries that outlines specific commitments each nation agrees to fulfill, often related to trade, defense, or cultural exchanges.

Liberalization

The process of reducing restrictions on economies, typically by removing trade barriers and deregulating capital markets.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified period.