On Average,worldwide Daily Trading of Foreign Exchange Is Closest to

question 88

Multiple Choice

On average,worldwide daily trading of foreign exchange is closest to

• A)$100 million.
• B)$15 billion.
• C)$504 billion.
• D)$5 trillion.

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Definitions:

Active Market

A market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis.

Non-performance Risk

Non-performance risk is the risk that a counterparty will not fulfil their contractual obligations, affecting the valuation of financial instruments.

Credit Risk

The possibility that a lender may not receive the owed principal and interest, leading to a loss.

Valuation Measures

Techniques or methods used to assess the worth or value of a business, asset, or investment, often based on financial metrics or future earning potential.