Which Two Currencies Account for More Than Half of All

question 68

Multiple Choice

Which two currencies account for more than half of all the trading volume in the foreign exchange market?

• A) Euro and Chinese yuan
• B) U.S. dollar and the British pound
• C) Euro and the British pound
• D) U.S. dollar and the euro

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Definitions:

Social Group

A collection of individuals bound by common interests, values, or social ties, interacting within a defined structure.

Identification

A psychological process in which children try to look, act, feel, and be like significant people in their social environment.

Sex Roles

The set of societal norms dictating the behaviors that are considered appropriate for individuals based on their biological sex.

Cognition

The mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.