Foreign Exchange Means

question 44

Multiple Choice

Foreign exchange means

• A)changing dollars into foreign currency
• B)domestic currency held to finance international trade
• C)foreign currency
• D)trade between governments
• E)trade between individuals in different countries

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Definitions:

Certified Development Company

A nonprofit organization sponsored either by private interests or by state or local governments.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted to cash in the upcoming fiscal year, such as buildings, machinery, and vehicles.

Equity Funds

Investment funds that primarily invest in stocks, aiming to provide returns through capital gains or dividends.

Personal Funds

Money that individuals have saved or accumulated, which can be used for investments, starting a business, or other personal uses.