Examlex
When Pacific Fisheries groups its customers as countries by regions such as Asia, Australia, or New Zealand, it is using which segmenting base?
economic factors
political and legal factors
geographic location
benefits sought
demographics
Forward Currency
A contract to exchange a specific amount of one currency for another at a future date and at a predetermined rate, used to hedge against currency risk.
Premium
An amount paid in addition to the standard or nominal cost, often associated with insurance, bonds, or the difference above a product's nominal value.
Spot Rate
The current market price at which a particular asset, such as currency, commodity, or security can be bought or sold for immediate delivery.
Direct Quote
A currency exchange rate quoted as the domestic currency per unit of the foreign currency.
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