There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?

Related Mcqs:

1. If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ?

   A. Advertising
   B. Personal selling
   C. Public relations
   D. Sales promotion

2. Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

   A. market socialism
   B. capitalism
   C. mixed economy
   D. monopoly

3. Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

   A. has failed
   B. works well in Utopia
   C. is widely used in sub Saharan Africa
   D. is the only way to eradicate poverty?

4. The exchange rate is kept the same across geographically separate markets by ?

   A. hedging
   B. speculation
   C. government regulation
   D. arbitrage

5. If currency dealers expect the value of the pound to fall, the exchange value will tend to ?

   A. depreciate
   B. not be affected
   C. fluctuate more than it would do therwise
   D. appreciate

6. Which exchange rate system involves a leaning against the wind|| strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the long run ?

   A. pegged of fixed exchange rates
   B. adjustable pegged exchange rates
   C. managed floating exchange rates
   D. free floating exchange rates

7. Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?

   A. Wall street
   B. NASDAQ
   C. Nikkei index
   D. Yahoo index

8. For the United States suppose the annual interest rate on government securities equals 8 percent while the annual inflation rate equals 4 percent, For Switzerland the annual interest rate on government securities equal 10 percent while the annual inflation rate equals 7 percent the above variables would cause investment funds to flow from ?

   A. the United States to Switzerland causing the dollar to depreciate
   B. the United States to Switzerland causing the dollar to appreciate
   C. Switzerland to the United States causing the franc to depreciate
   D. Switzerland to the United States causing the franc to appreciate

9. For the United States suppose the annual interest rate on government securities equals 12 percent while the annual inflation rate equals 8 percent For Japan the annual interest rate on government securities equals 10 percent while the annual inflation rate equals 5 percent the above variables would cause investment funds to flow from ?

   A. The United States to Japan causing the dollar to depreciate
   B. The United States to Japan causing the dollar to appreciate
   C. The Japan to United States, causing the dollar to depreciate
   D. The Japan to United States, causing the dollar to appreciate

10. By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?

    A. Registering
    B. Going public
    C. Debuting
    D. Public offering