In Conversation, Interbank Foreign Exchange Traders Use a Shorthand Abbreviation

question 43

Multiple Choice

In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/£ bid-ask quote of $1.9072-$1.9077. The currency dealer would likely quote that as _____.

• A)72-77
• B)77-72
• C)5 points
• D)None of the above

Grasp the evolution of American social and cultural dynamics, including immigration trends and demographic shifts.

Evaluate the effects of legislative and regulatory shifts on environmental, economic, and social policies.

Comprehend the role of the United States in global geopolitics, including conflicts and diplomatic efforts.

Assess the impact of electoral politics on policy making and national direction.

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Definitions:

Most Skilled

Referring to individuals or entities that possess the highest level of ability or expertise in a specific area or field.

Task Outcome

The result or end product of carrying out a specific task.

Disjunctive Tasks

Tasks for which the group's performance is determined by the performance of the best group member.

Group Polarization

The tendency of a group to make decisions that are more extreme than the initial inclination of its members.