In the Spot Market, the ________ Is the Difference Between

question 71

Multiple Choice

In the spot market, the ________ is the difference between the bid and offer rates and is the trader's profit margin.

• A)bid
• B)offer
• C)cross rate
• D)spread

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Definitions:

Fluid Intelligence

The ability to reason and think flexibly, solving problems in novel situations, without drawing on pre-existing knowledge.

Word Game

A puzzle or game designed to test knowledge of words, their meanings, and usage, often used for entertainment or educational purposes.

Triarchic Theory of Intelligence

A theory proposed by Robert Sternberg that posits intelligence consists of three components: analytical, creative, and practical intelligence.

Analytical Intelligence

One aspect of Robert Sternberg's triarchic theory of intelligence, involving the ability to analyze, evaluate, judge, compare, and contrast.