The Foreign Exchange Market Is

question 35

Multiple Choice

The foreign exchange market is:

• A) open for only 12 hours in a day.
• B) the market never sleeps.
• C) open for most of the day, but closes for 3 hours each day-between 2:00 AM and 5:00 AM Greenwich Mean Time.
• D) open during normal business hours (9:00 AM to 5:00 PM, local time) in each of the primary locations from which it operates: Tokyo, London, and new York.

---

Definitions:

Deviation-Amplifying Feedback

A process in systems whereby deviations or changes are amplified rather than corrected, leading to significant changes or transformations.

Multiple

Characterized by having or involving several parts, elements, or members.

Competing

Engaging in an effort to win or outperform others in a particular activity or field.

Smallest Components

Basic or most fundamental elements or parts of a system, concept, or object.