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
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
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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