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If Each of the Approximately 320,000 Securities and Financial Service

question 198

Multiple Choice

If each of the approximately 320,000 securities and financial service agents in the United States bet on whether the market would go up or down for each of the next 10 years by flipping a coin, we would expect that approximately 312 agents would have been right 10 years in a row. This example suggests that:


Definitions:

Trade Barriers

Restrictions that governments place on international trade to protect domestic industries or to affect the balance of trade.

United States

A country located in North America, known for its influential economy, diverse culture, and democratic government system.

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