Which of the Following Is an Exchange Rate That Requires

question 58

Multiple Choice

Which of the following is an exchange rate that requires delivery of the traded currency within two business days?

• A) forward rate
• B) spot rate
• C) cross rate
• D) prime rate

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Definitions:

Foliation

Foliation is the repetitive layering in metamorphic rocks, caused by the reorientation of minerals under high pressure and temperature conditions.

Cross Section

A diagram representing the geology as a two-dimensional slice through the land. See also geologic cross section.

Cleaved Rocks

Rocks that have been split or sliced along very smooth, flat surfaces, often due to intense pressure.

Unconformity

A boundary between underlying and overlying rock strata representing a significant break or gap in the geologic record; an unconformity represents an interval of nondeposition or erosion, commonly accompanied by uplift.