Foreign Exchange Trading in 2016 Averaged About ________ Per Day

question 45

Multiple Choice

Foreign exchange trading in 2016 averaged about ________ per day.

• A)$101 million
• B)$5.09 trillion
• C)$101 billion
• D)$1.88 trillion
• E)$101 trillion

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Definitions:

Machinery

Physical devices or equipment designed to perform specific tasks in industrial or commercial settings, often part of the fixed assets of a business.

Soft Rationing

The situation that occurs when units in a business are allocated a certain amount of financing for capital budgeting.

Hard Rationing

The situation that occurs when a business cannot raise financing for a project under any circumstances.

Hard Capital Rationing

A situation where a company is unable to secure additional funding from external sources like equity or debt markets.