A Spot Transaction in the Foreign Exchange Market Involves the

question 5

Multiple Choice

A spot transaction in the foreign exchange market involves the

• A) exchange of exports and imports at a specified future date.
• B) exchange of bank deposits at a specified future date.
• C) immediate (within two days) exchange of exports and imports.
• D) immediate (within two days) exchange of bank deposits.

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Definitions:

Stimulus Generalization

A psychological phenomenon in which a response to a specific stimulus becomes associated with similar stimuli, causing the same response.

Stimulus Discrimination

Stimulus Discrimination is the learned ability to differentiate among similar stimuli and respond only to the actual stimulus linked to a positive or negative reinforcement.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without prior learning or conditioning.

Family Branding

A marketing strategy where a single brand name is used for selling multiple related products, creating a unified image for the brand.