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:

Association

A connection or relationship between two or more concepts, objects, or people.

Alliance

A formal agreement or partnership between individuals, organizations, or countries to achieve mutual goals.

Organizational Entity

Refers to any specific social unit in the context of a larger social system, including businesses, governments, and non-profits, that has a structured purpose and function.

Vertical Integration

A strategy where a company expands its operations into different stages of production or distribution within the same industry.