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1. What is the difference between American terms and European terms? Provide an example quote for USD vs. Euro in American terms. Provide an example

1. What is the difference between American terms and European terms? Provide an example quote for USD vs. Euro in American terms. Provide an example quote for USD vs. Canadian Dollar in European terms.

2. What is the difference between a direct quote and an indirect quote? Provide an example direct quote for a British citizen in London for Euro vs. British Pound. Provide the equivalent indirect quote.

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