Which of the Following Factors Help Explain the Decline in FX

question 10

Multiple Choice

Which of the following factors help explain the decline in FX trading in the early years of this century?

• A)Introduction of the euro.
• B)Consolidation in the banking industry.
• C)Growth of electronic brokering.
• D)Mergers in the corporate sector.
• E)All of these.

---

Definitions:

Group Formation

The process by which people come together to form a group, involving stages of coming together, conflict, norm establishment, and performing a task.

Rewarding

Providing positive reinforcement or incentives for a particular behavior, encouraging its recurrence.

Cohesive

Rephrased: Cohesion within a group indicates how well the members of the group stick together and support each other in pursuit of common objectives.

Liking Reciprocal

Reciprocal liking is the phenomenon where people tend to develop a preference for individuals who express liking for them, reinforcing mutual attraction and social bonding.