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From the perspective of the franchisor,the biggest advantage of offering franchises is the
International Bonds
Bonds issued in a country by a non-domestic entity, which can be denominated in the domestic or a foreign currency.
Exchange Rate
The rate at which one currency can be traded for another in the currency exchange market.
Constant Among Currencies
A concept or value that remains unchanged when compared across different currencies.
Cross Rate
Exchange rate between two currencies computed by reference to a third currency, typically the US dollar.
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