Define the Following Terms

question 2

Short Answer

Define the following terms
-open-ended question

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Definitions:

Exchange Rate

The rate at which one currency can be exchanged for another, often influenced by factors such as economic conditions, interest rates, and geopolitical stability.

International Customer

A customer who resides in a different country from where the goods or services are produced or sold.

Available-for-sale Securities

Financial assets that are neither classified as held-for-trading nor held-to-maturity, which can be sold in the short-term for cash or held till maturity.

Trading Securities

Investments in debt or equity securities bought and held primarily for selling them in the short term to generate income on short-term price differences.