"AMEX" is the abbreviation for...
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American Express
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American Stock Exchange
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Both are correct
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None of the above
C
Correct answer
Explanation
AMEX is commonly used as an abbreviation for both American Express (the financial services company) and American Stock Exchange (now NYSE AMEX). Both are valid, correct expansions of the abbreviation, which makes option C the right choice. This is a case where an acronym legitimately has multiple correct meanings.