The Majority of Transactions in Foreign Exchange Markets Involve ________

question 18

Multiple Choice

The majority of transactions in foreign exchange markets involve ________.

• A)transactions one the New York Stock Exchange
• B)exchanging one set of physical notes for another
• C)exchanging bank deposits denominated in different currencies
• D)buying and selling Treasury securities

---

Definitions:

Observation

The active acquisition of information from a primary source, using senses or instruments, to gather and record data for analysis.

Reinforcement

In behavioral psychology, it is the process of encouraging or establishing a pattern of behavior by offering rewards or positive outcomes.

Assimilation

According to Piaget, the incorporation of new events or knowledge into existing schemes.

Accommodation

In cognitive psychology, the process by which an individual adjusts their pre-existing schemas or ways of thinking in response to new information or experiences.