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It is easy to change a person's attitude by reasoning with them.
Passive Benchmark
A standard, typically an index, against which the performance of an investment portfolio can be gauged, emphasizing a passive investment strategy.
Foreign Exchange Risk
The potential for financial loss due to fluctuations in exchange rates affecting foreign-denominated investments or transactions.
Translation Exposure
The risk that a company's financial statements can be affected by changes in exchange rates when foreign operations are consolidated.
Hedging Risk
The process of making an investment or entering into a financial transaction in order to reduce the risk of adverse price movements in an asset.
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