If You Were Trading Currency in the New York Currency

question 24

Multiple Choice

If you were trading currency in the New York currency market,the exchange rate between two currencies not expressed in U.S.dollars would be known as the ________ quote.

• A) direct
• B) indirect
• C) cross-rate
• D) European

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Definitions:

Appetite

A natural desire to satisfy a bodily need, especially for food or drink, often influenced by both psychological and physiological factors.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of human beings, which outlines eight stages from infancy to adulthood.

Growth And Development

The process of physical maturation and psychological growth in humans from infancy to adulthood.

Trust Versus Mistrust

A psychological stage in early childhood development, proposed by Erik Erikson, where an infant learns to trust others if their basic needs are consistently met or develops mistrust due to neglect.