Foreign Exchange Trading Has Been Called the Fairest Market in the World

question 71

Multiple Choice

Foreign exchange trading has been called the fairest market in the world because

• A)no single institution can control the direction of the market.
• B)trading may take place at any time during a 24-hour period.
• C)the volume of trading is very large and liquid.
• D)trading may take place anywhere as there is no central location for foreign exchange trading.
• E)all of the options are correct.

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Definitions:

Basidiomycetes

A large class of fungi characterized by producing spores on basidia, playing crucial roles in ecosystem nutrient cycling and as food sources.

Zygomycetes

A class of fungi known for forming sexual spores called zygospores and mostly living as saprophytes.

Ascomycetes

A division or phylum of fungi characterized by the formation of spores in a special type of cell called an ascus, including yeasts and molds.

Plasmogamy

The fusion of the cytoplasm of two cells from different fungal hyphae, a stage in the sexual reproduction of fungi.