If the Foreign Exchange Market Is ____ Efficient, Then Historical

question 83

Multiple Choice

If the foreign exchange market is ____ efficient, then historical and current exchange rate information is not useful for forecasting exchange rate movements.

• A)weak-form
• B)semistrong-form
• C)strong-form
• D)all of the above

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Definitions:

Share

A unit of ownership in a company or financial asset, granting the holder a portion of the corporation's assets and earnings.

Original Price

The initial cost of a good or service before any discounts, rebates, or price adjustments are applied.

Selling Price

The amount for which a product or service is sold to a customer.

Accurate

Free from errors or mistakes; precise and correct in details.