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There Are 6 Categories Listed in the Japan VALS™ System

question 23

Essay

There are 6 categories listed in the Japan VALS™ system. List and briefly describe each of the categories. In which of the six categories of the VALS2™ system would a college professor focused on gaining a high academic reputation belong?


Definitions:

Spot Exchange Rate

The current exchange rate at which currencies can be exchanged for immediate delivery, reflecting the market's immediate valuation.

U.S. Inflation

The rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling within the United States.

Dollar Rally

A situation where the value of the U.S. dollar strengthens significantly against a basket of other currencies.

Foreign Currencies

Currencies used in countries other than one’s own, involved in international trading and foreign exchange markets.

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