The annual volume of foreign exchange transactions:
A. is more than 18 times larger than world GDP.
B. is one-eighth the world GDP.
C. is three times the world trade volume.
D. is small relative to most financial markets.
Answer: A
You might also like to view...
The Laffer curve shows a relationship between
A) interest rates and investment spending. B) government spending and real Gross Domestic Product (GDP). C) tax rates and tax revenues. D) the price level and real Gross Domestic Product (GDP).
Until 1987, the primary role of the federal government with regard to public health was _____
a. to regulate the interstate movements of physicians b. to regulate medicines to ensure a minimal level of quality c. to control epidemics through the control and quarantine of ports of entry d. to pay for the health care of the indigent
A person who performs supervisory activities will also be a _____ if she/he is financially responsible for investment and other contracted decisions
a. residual claimant b. director c. shareholder d. financial advisor
The four firm concentration is a measure of
a. the percentage of total output of the four largest firms in an industry b. the total output of the fourth largest firm in an industry c. the percentage of total sales of the four largest firms in an industry d. the total output or sales of the four largest firms in an industry e. either a or c