It Is Common Practice Among Currency Traders Worldwide to Both

question 5

Multiple Choice

It is common practice among currency traders worldwide to both price and trade currencies against the U.S.dollar.In fact,2007 BIS statistics indicate that about _________ of currency trading in the world involves the U.S.dollar on one side of the transaction.

• A)86 percent
• B)75 percent
• C)45 percent
• D)15 percent

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Definitions:

Activation

The process of initiating or stimulating an action or response by the nervous system or any biological mechanism.

Endocrine System

A network of glands that produce and release hormones directly into the blood to regulate the body's growth, metabolism, and sexual development and function.

Ductless Glands

Glands that release hormones directly into the bloodstream without using ducts, also known as endocrine glands.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.