When Geologists Conclude That the Grand Canyon Sequence of Rocks

question 129

Multiple Choice

When geologists conclude that the Grand Canyon sequence of rocks was formed through hundreds of millions of years of deposition,mountain building,and erosion,they are basing this conclusion on which principle?

• A)Altruism.
• B)Catastrophism.
• C)Chaos.
• D)Uniformitarianism.

Understand the principles of exchange rate fluctuations and their impact on international investments.

Differentiate between fixed and floating exchange rate systems.

Recognize the role of governments in promoting free trade and managing exchange rates.

Define and exemplify financial terms related to exchange rates and international finance.

---

Definitions:

Arbitrage Opportunity

The chance to buy an asset at a low price in one market and simultaneously sell it at a higher price in another market to make a risk-free profit.

Zero-Investment Portfolio

A portfolio strategy that involves creating a position without the need for initial capital by taking both long and short positions in stocks or other securities.

Net Investment

The total amount spent by a company on capital assets, such as plants and machinery, minus depreciation.

Nonsystematic Standard Deviation

A measure of the dispersion of returns on an investment due to factors specific to an individual asset or company, not the market.