Which of the Following Is a Reason for London's Dominance

question 1

Multiple Choice

Which of the following is a reason for London's dominance in the foreign exchange market?

• A)Great Britain's decision to retain the British pound instead of using the euro
• B)The preeminence of Financial Times Stock Exchange (FTSE)index as an economic health indicator
• C)London's location making it the link between the East Asian and New York markets
• D)London being the preferred headquarters destination for major multinational corporations
• E)London's trading centers opening soon after Tokyo's and New York's trading centers closing for the night

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Definitions:

Expectations About the Future

Beliefs or predictions about outcomes or events that have not yet occurred.

Separation Anxiety Disorder

A disorder marked by excessive anxiety, even panic, whenever the individual is separated from home, a parent, or another attachment figure.

Anxiety Disorder

A mental health disorder characterized by excessive fear or worry that affects one's daily functioning.

Common Experience

refers to an event, emotion, or situation that is widely shared or understood among a group of people.