ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which best describes what generally occurs in financial markets?
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Assets are traded.
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I have no idea
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Financial Markets include any place or system that provides buyers and sellers the means to trade financial instruments, including bonds, equities, the various international currencies, and derivatives.
Detailed explanation-2: -Which best describes what generally occurs in financial markets? Shares are traded.
Detailed explanation-3: -The most common way is through an auction process where buyers and sellers place bids and offer to buy or sell. A bid is a price at which somebody wishes to buy, and an offer, or ask, is the price at which somebody wishes to sell. When the bid and ask coincide, a trade is made.
There is 1 question to complete.