Which of the Statements Below Is TRUE

question 35

Multiple Choice

Which of the statements below is TRUE?

• A)The foreign rate is derived by pricing two currencies against a third.
• B)All domestic rates can be computed using a setup with American rates and European rates with the U.S.dollar as the home currency.
• C)The opportunity to make a profit without risk by exchanging three currencies is known as triple arbitrage.
• D)When cross rates are out of line,there can be an arbitrage opportunity.

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Definitions:

Mass Transportation

Systems designed to move large numbers of people efficiently within urban and suburban areas, including buses, trains, subways, and trams.

Traffic Problems

Issues related to the congestion and management of vehicles on roadways, affecting travel time and safety.

Decibels

A unit of measurement used to express the intensity of sound, symbolized as dB.

Human Ear

A part of the human body that is responsible for detecting sound and helping in the balance and positioning of the body.