Although a Foreign Exchange Transaction Can Involve Any Two Currencies

question 60

True/False

Although a foreign exchange transaction can involve any two currencies, most transactions involve pounds on one side.

---

Definitions:

Signal Detector

A device or system designed to detect the presence of, or changes in, physical or other indicators, often used in the context of safety or communication systems.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time.

Difference Threshold

The minimum difference in stimulation that a person can detect 50% of the time, also known as the just noticeable difference.

Retina

The light-sensitive inner surface of the eye, containing the receptor rods and cones plus layers of neurons that begin the processing of visual information.