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Direct and Indirect Quotes. Define and give an example of the following: A. Direct quote between the US Dollar and the Mexican Peso, where the

Direct and Indirect Quotes. Define and give an example of the following: A. Direct quote between the US Dollar and the Mexican Peso, where the United States is designated as the home country. B. Indirect quote between the Japanese yen and the Chines renminbi (yuan), where China is designated as the home country.

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