Match each term on the left with a description on the right:
Definitions:
Foreign Operation
A business or branch of a company that operates in a country different from the country where the company is headquartered.
Local Operations
Business activities carried out within a company's domestic geographical area.
Functional Currency
The primary currency of the primary economic environment in which an entity operates and carries out its transactions.
Foreign Subsidiary
A company owned in part or whole by another company from a different country, operating under the laws of the country where it is located.
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