Most Transactions in the Interbank Foreign Exchange Trading Are Primarily

question 12

True/False

Most transactions in the interbank foreign exchange trading are primarily conducted via telecommunication techniques and little is conducted face-to-face.

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Definitions:

Drug Tolerance

A physiological state resulting from repeated use of a drug, characterized by a diminished effect of the drug at its original dose or the need for a higher dose to maintain effectiveness.

Premack Principle

A psychological principle stating that more probable behaviors will reinforce less probable behaviors, suggesting that if a person wants to perform a less desired activity, it can be motivated by the promise of a more desired activity.

Disequilibrium Principle

A concept in developmental psychology suggesting that cognitive growth occurs through processes of assimilation and accommodation, driven by experiences of imbalance or disequilibrium.

Effective Reinforcer

A stimulus that, when presented after a behavior, significantly increases the likelihood of that behavior occurring again in the future.