Most Foreign Exchange Transactions Are Through the U

question 60

Multiple Choice

Most foreign exchange transactions are through the U.S. dollar. If the transaction is expressed as the foreign currency per dollar this is known as ________ whereas ________ are expressed as dollars per foreign unit.

• A) European terms; indirect
• B) American terms; direct
• C) American terms; European terms
• D) European terms; American terms

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Definitions:

Ebbinghaus

A psychologist known for his work on memory and the forgetting curve, demonstrating how memory declines over time.

Participant

An individual who takes part in a study, experiment, or any form of academic or scientific research, contributing data or responses for analysis.

Nonsense Syllable

A string of letters that does not form a meaningful word, often used in memory and learning experiments to study the encoding and recall processes.

MRSA

Methicillin-resistant Staphylococcus aureus; a type of bacteria resistant to several antibiotics, making infections difficult to treat.