Suppose Pound Sterling Is Quoted at $And the Swiss Franc

question 30

Multiple Choice

Suppose pound sterling is quoted at $and the Swiss franc is quoted at $0.6250-6What is the direct quote for the pound in Zurich?

• A) 2.3035-70
• B) 2.3018- 88
• C) 2.3008-98
• D) 2.3020-50

---

Definitions:

Indirect Pressure

Influence or coercion applied in a non-direct manner, often through hints, suggestions, or the manipulation of information.

Self-Promotion

The act of highlighting one's own skills, accomplishments, or qualities to advance personal or professional goals, often used in job searches or career advancement.

High Cohesiveness

The degree to which members of a group or organization are attracted to each other and motivated to stay in the group.

Sucker Effect

A reduction in effort by members of a group based on the perception that others are not making their fair share of effort.