If a Currency's Spot Rate Market Is ____, Its Exchange

question 68

Multiple Choice

If a currency's spot rate market is ____, its exchange rate is likely to be ____ to a single large purchase or sale transaction.

• A) liquid; highly sensitive
• B) illiquid; insensitive
• C) illiquid; highly sensitive
• D) none of the above.

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Definitions:

Place Theory

A theory in hearing that suggests different sound frequencies stimulate different locations on the basilar membrane of the inner ear.

Adjacent Spots

Locations or positions that are next to or adjoining each other in space.

Specialized Receptors

Cells or cell components that are sensitive to specific stimuli, enabling senses like vision, hearing, taste, and smell.

Sense of Pain

refers to the perception and emotional experience associated with tissue damage or potential damage to the body.