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The labels American and European for options refer to exercise style, not to:

AWhy traded
BWhere traded
CWho trades
DWhat traded
Answer & Solution
Correct answer: B. Where traded
1. Both kinds trade worldwide. 2. The names are historical, not geographic. 3. So they do not refer to where traded. _Source: OpenStax Principles of Finance, Chapter 20, Risk Management and the Financial Manager._
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