The Transaction Cost of Trading of Financial Instruments in Centralized

question 10

Multiple Choice

The transaction cost of trading of financial instruments in centralized market is classified as

• A)flexible costs
• B)low transaction costs
• C)high transaction costs
• D)constant costs

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Definitions:

Expertise

Refers to specialized knowledge or skills in a particular field or domain, acquired through education, practice, and experience.

Screened Applicants

Screened Applicants are individuals who have undergone a preliminary review process during hiring to assess their qualifications, experience, and suitability for a position, ensuring quality candidates.

Inside-Track Approach

A strategy or method where one uses special knowledge or relationships to gain an advantage, often in business or networking contexts.

Relatives and Friends

People connected by blood or affection, often considered as a primary source of support, both emotionally and financially.