If the Euro/$ U

question 32

Multiple Choice

If the euro/$ U.S.exchange rate is 1.1€/$ in New York but 1.05€/$ in London, we should see:

• A)People selling $ and buying euros in New York and then selling those euros and buying $ in London
• B)People selling euros and buying $ in New York and then buying euros by selling $ in London
• C)The price differential between the markets increase as people seek to take advantage of the situation
• D)The $ should appreciate in New York relative to the euro

---

Definitions:

LGBTQ Rights

The fight for equal rights and legal protections for individuals identifying as lesbian, gay, bisexual, transgender, queer or questioning, plus other sexual and gender identities.

Don't Ask, Don't Tell

A former policy in the United States military that allowed gay, lesbian, and bisexual personnel to serve as long as they did not openly disclose their sexual orientation.

Social Movement

A type of group action focused on promoting, resisting, or enacting social change through collective behaviors, ideologies, and community-based strategies.

Social Movements

Collective, organized, sustained, and non-institutionalized efforts by people to promote or resist change in society or social institutions.