If the Foreign Exchange Market Is ____ Efficient, Then Historical

question 89

Multiple Choice

If the foreign exchange market is ____ efficient, then historical and current exchange rate information is not useful for forecasting exchange rate movements.

• A) weak-form
• B) semistrong-form
• C) strong form
• D) all of the above

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Definitions:

Sales

The exchange of goods or services for money, considering the total number of transactions completed.

Percent

Percent is a term used to describe a number or ratio expressed as a fraction of 100, often used to indicate proportions, ratios, and shares in everything from statistics to financial rates.

Sales Increase

A rise in the quantity or volume of sales of goods and services over a specific period.

Percent

A ratio or fraction expressed as parts per hundred, used to denote a portion of a whole in terms of percentage.