Author Question: Securities dealers that trade stocks and bonds ________ comprise the over-the-counter market. A) ... (Read 117 times)

pepyto · **on:** Jun 29, 2018

Securities dealers that trade stocks and bonds ________ comprise the over-the-counter market.

A) valued at less than 1 each B) outside exchanges
C) directly instead of electronically D) that have previously been sold

Question 2

China began pegging its currency, the yuan, to the dollar in 1994. Because the yuan was ________ at the pegged exchange rate, the level of Chinese exports remained ________ than they would have been if the exchange rate were allowed to float freely.

A) overvalued; lower B) overvalued; higher
C) undervalued; higher D) undervalued; lower