What is Market for foreign exchange
Provide a complete definition of Market for foreign exchange.
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The foreign exchange (FX) market involves conversion of purchasing power from one currency into the other, extension of the credit denominated in the foreign currency, bank deposits of foreign currency, financing and trading in the foreign currency options and the futures contracts.
What is the Definition of Ledger in terms of Accountancy?
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State mechanism that restores equilibrium of balance of payments in case it gets disturbed below the gold standard.
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Explain Multinational corporations (MNCs) and what the economic roles do they play?
Source: O'Conner, G. C., T.R. Willemain, and J. MacLachlau, 1996. "The value of competition among agencies in developing ad compaigns: Revisiting Gross's model." Journal of Advertising 25:51-63. Modeling Cases
Describe the contingent exposure and also discuss some of the benefits of using currency options in order to maintain this type of currency exposure.
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State the characteristics of the straight fixed-rate bond market instrument.
Mr. Ross Perot, former Presidential candidate of the Reform Party, that is the third political party in the United States, had strongly protested in the creation of North American Trade Agreement (NAFTA), however, which was inaugurated in the year 1994, due to fear of
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