Distinguish between the following terms as used in international trade i. Forward contracts and currency futures ii.
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Question:
Distinguish between the following terms as used in international trade
i. Forward contracts and currency futures
ii. Exchange rate and foreign currency
iii. Currency swap and currency options
iv. Foreign trade and local trade
v. Translation exposure and economic exposure
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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