Examlex
A class of third graders is told that the assistant principal will be visiting their class to confirm their teacher's reports of bad behavior.When the principal visits, the students behave perfectly.This is an example of ________.
Direct Exchange Rate
The price of one currency in terms of another currency, without requiring conversion to a third currency.
Canadian Dollar
The currency of Canada, represented by the ISO code "CAD" and symbolized by "$".
U.S. Dollar
The official currency of the United States and a standard unit of measurement for global financial transactions.
Triangle Arbitrage
A riskless profit strategy that takes advantage of discrepancies in exchange rates in different markets by conducting a series of conversions among three currencies.
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