The ________ Is a Global Network of Banks, Brokers, and Foreign

question 60

Multiple Choice

The ________ is a global network of banks, brokers, and foreign exchange dealers connected by electronic communications systems.

• A) foreign exchange market
• B) united global database
• C) global marketplace
• D) foreign market database

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Definitions:

Rate of Inflation

A measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Expected Return

The predicted amount of gain or loss an investment is anticipated to generate, based on historical performance or statistical analysis.

Economic Activity

The total amount of production, distribution, and consumption of goods and services in an economy.

Standard Deviation

A statistical measure of the dispersion of a set of data from its mean, often used to quantify the risk of a financial instrument.