The Foreign Exchange Market Is

question 33

Multiple Choice

The foreign exchange market is

• A) open for only 12 hours in a day.
• B) the market never sleeps.
• C) open for most of the day, but closes for three hours each day-between 2:00 a.m. and 5:00 a.m. Greenwich Mean Time.
• D) open during normal business hours (9:00 a.m. to 5:00 p.m., local time) in each of the primary locations from which it operates: Tokyo, London, and New York.

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Definitions:

Spoken Words

Oral communication or speech, as opposed to written text.

Visual Aids

Materials or tools that assist in enhancing the understanding or retention of information through visual representation.

Nonverbal Communication

The act of transmitting information or expressing emotions to others without speaking, utilizing physical behaviors and expressions instead.

Listening

The active process of receiving, interpreting, and responding to spoken messages, essential for effective communication and understanding.