Unformatted text preview: currency is involved. 4. Foreign Bonds – International bonds issued in a single country, and denominated in that country’s currency. 5. Eurodollars – Single currency that is used throughout Europe. 6. Foreign Exchange Market – World’s largest financial market, is an over-the-country. 7. Exchange rates – Price of one currency expressed in terms of another currency. Exchange rate quotations – Do a few fro...
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- Spring '11
- Exchange Rate, Foreign exchange market, United States dollar, international bonds, country’s currency