Which of the Following Statements Is True

question 5

Multiple Choice

Which of the following statements is true?

• A)The market in which foreign currency is traded for future delivery is called the forward market for foreign exchange.
• B)The market in which foreign currency is traded for future delivery is called the future market for foreign exchange.
• C)The market in which foreign currency is traded for future delivery is called the spot market for foreign exchange.
• D)The market in which foreign currency is traded for future delivery is called the business market for foreign exchange.

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Definitions:

Input Shaft

The shaft that transmits power from the source (such as an engine or motor) into a gearbox or mechanism.

Splined

Describing a type of connection or shaft that uses ridges or teeth to transfer torque between components, ensuring alignment and resistance to slippage.

ATF Level

The measure of Automatic Transmission Fluid within a vehicle’s transmission, indicating whether it has sufficient fluid for operation.

Operating Temperature

The range of temperature within which machinery or a system is designed to work efficiently without overheating or freezing.