Question

He wanted to track the _________ of the market players, and this work became the basis of ______________.

a) Prices; modern financial markets
b) Behavior; candlestick charting
c) Movements; weather forecasting
d) Ships; naval navigation

Answer 1

The subject of this question is business. Economists used to track the balance of trade using the movement of physical items between countries. Tracking the behavior of market players became the basis of candlestick charting.

Step-by-step explanation:

The subject of this question is business. A few decades ago, economists used to track the solid or physical items that were transported between countries to measure the balance of trade. This measurement is called the balance of trade and is a key indicator of a country's economic strength. The student's question is asking about tracking the behavior of market players, which is important in understanding how the market functions and making predictions. This work became the basis of candlestick charting, a popular method used in modern financial markets to analyze market movements and make investment decisions.