Dual listing of stocks and the mandatory use of the trade-through rule when trading in securities have made the stock markets fiercely competitive.
Answer the following statement true (T) or false (F)
True
Two factors that have changed the competitive arena of the stock markets are dual listing of stocks and the mandatory use of the trade-through rule when trading in securities. A stock with a dual listing is eligible (registered) to be traded in more than one stock market. The trade-through rule states that a stock trade should be executed at the best price that is available in all of the stock markets. See 3-2: Types of Financial Markets
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Those who have flown on Singapore Air have experienced firsthand the great food that is served during the flight, the friendliness of the flight attendants, and the comfortable seating. Singapore Air creates customer value by providing its customers with
A. the best price for the distance traveled. B. the best airport experience. C. the most convenient flight schedules. D. the best in-flight service. E. the greatest sense of personal safety.
Consider Figure 5.1. Suppose the Mexican government provides a subsidy of $200 per ton to its steel producers, as indicated by the supply schedule SM (with subsidy). The total cost of the subsidy to the Mexican government equals
a. $200. b. $400. c. $600. d. $800.
When the goods covered by a contract are unique and it is not possible for a buyer to obtain substitute goods, the buyer is entitled to ________ of the contract.
A. cover B. incidental damages C. specific performance D. liquidated damages
What is an ethics ombudsperson?
What will be an ideal response?