Foreign Exchange Systems That Allow Traders and Brokers from Around

question 45

Multiple Choice

Foreign exchange systems that allow traders and brokers from around the world to interact are an example of information systems that support a(n) _____.

• A) multinational structure
• B) global structure
• C) transnational structure
• D) international structure

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Definitions:

Future Goods

Goods that are not yet in existence or under the control of people; they include fish in the sea, minerals in the ground, goods not yet manufactured, and commodities futures.

Fish in the Sea

A metaphorical expression indicating that there are many options or opportunities available in a given context.

Office Furniture

Office furniture refers to movable objects intended to support various human activities such as seating, working, and storing in an office environment, including desks, chairs, and file cabinets.

Insurable Interest

A concept in insurance policies where the policyholder must have a stake in the insured item's well-being, facing potential loss if it's damaged or lost.