Which of the Following Is a Reason for London's Dominance

question 1

Multiple Choice

Which of the following is a reason for London's dominance in the foreign exchange market?

• A)Great Britain's decision to retain the British pound instead of using the euro
• B)The preeminence of Financial Times Stock Exchange (FTSE)index as an economic health indicator
• C)London's location making it the link between the East Asian and New York markets
• D)London being the preferred headquarters destination for major multinational corporations
• E)London's trading centers opening soon after Tokyo's and New York's trading centers closing for the night

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Definitions:

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Moral principles that govern a person's behavior or the conducting of an activity.

Socializing Agents

Entities or individuals that play a significant role in the process of teaching norms, customs, and ideologies within a society.

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An approach focusing on how individuals change and grow throughout their lives both physically and psychologically.

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A research approach that seeks to understand the subjective meaning of social phenomena and the ways individuals interpret their world.