Examlex

Solved

The FX Party That Conducts Buy and Sell Transactions in Tow

question 20

Multiple Choice

The FX party that conducts buy and sell transactions in tow or more markets simultaneously to take advantage of price differentials is called a/an:


Definitions:

Positive-Sum Game

A situation in economics or game theory where all participants can gain or benefit in some way; opposite of a zero-sum game.

Zero-Sum Game

A game theory concept where one participant's gain or loss is exactly balanced by the losses or gains of the other participant(s).

Negative-Sum Game

A situation in which the total losses incurred by the participants are greater than the total gains.

Related Questions