The Three Currencies That Dominate Foreign Exchange Trading Are

question 40

Multiple Choice

The three currencies that dominate foreign exchange trading are

• A) U.K pound, Chinese yuan, and Japanese yen.
• B) U.S. dollar, Chinese yuan, and U.K. pound.
• C) U.S. dollar, Japanese yen, and the euro.
• D) U.S. dollar, U.K. pound, and Japanese yen.

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Definitions:

Personal Asset

An item of value owned by an individual, including tangible assets like real estate or cars, and intangible assets like stocks or intellectual property.

Investment Account

A financial account that holds securities, shares, or other investments for the purpose of long-term growth or income.

Vacation Home

A secondary residence used for leisure and vacation purposes, not as a primary living space.

Administrator

A person appointed by a court to serve as a personal representative for a person who died intestate (who made a will but failed to name an executor, or whose executor cannot serve).