On the Eve of the Reform of the House of Commons

question 21

Multiple Choice

On the eve of the reform of the House of Commons in 1832, _____.

• A) the new factory towns elected no representatives to the Parliament
• B) some boroughs, i.e., urban centers having the right to elect members of Parliament, were uninhabited
• C) one borough was under the waters of the North Sea
• D) All of these are correct.

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Definitions:

Forward Trade

A tailor-made agreement for buying or selling an asset at a future moment, based on a price established in the present, and not conforming to standard regulations.

Currencies

Systems of money in general use in particular countries or regions, facilitating trade and economic activities.

Exchange Rate

The value of one currency for the purpose of conversion to another, which determines how much one currency is worth in terms of another.

Spot Trade

A transaction for the immediate purchase or sale of a financial instrument.