It Is Characteristic of Foreign Exchange Dealers To

question 15

Multiple Choice

It is characteristic of foreign exchange dealers to:

• A) bring buyers and sellers of currencies together but never to buy and hold an inventory of currency for resale.
• B) act as market makers, willing to buy and sell the currencies in which they specialize.
• C) trade only with clients in the retail market and never operate in the wholesale market for foreign exchange.
• D) All of the above are characteristics of foreign exchange dealers.

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Definitions:

Sensitive

Having the capacity to perceive and respond to changes or stimuli; can also refer to an individual's susceptibility to emotional influences.

Motivated

Having a strong willingness or drive to accomplish something or pursue a particular task.

Growth Mindset

The belief that one's talents and abilities can be developed through perseverance, effort, and the process of learning.

Fixed Mindset

The belief that one's abilities, intelligence, and talents are fixed traits that cannot be significantly developed.