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Based on the Treasury & Risk Management's 2001 Derivatives Survey,the majority of the respondents favored:
Institutional Frameworks
The systems of formal laws, regulations, and procedures, as well as informal conventions and practices that shape social, economic, and political interactions.
Statutory Laws
Laws that are written and enacted by a legislative body, such as a parliament or congress, as opposed to common law or regulatory law.
Legislative Bodies
Institutions within the government responsible for making, amending, or repealing laws in a given country or jurisdiction.
Environmental Shifts
Significant changes in environmental conditions, such as climate, ecosystems, or biodiversity, often resulting from natural processes or human activities.
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Q19: When demand elasticity is _ in absolute